Chelsea to reduce players’ salaries by 30% amid poor performance

Chelsea might be slashing some players’ salaries by 30 percent amid the team’s current run of poor performance.

According to the Daily Mail, the club’s most recent signings, or those who have agreed with new contracts, will see their earning power slashed by at least 30 percent.

Following their takeover last year, co-owners Todd Boehly and Clearlake Capital implemented a bonus structure to player contracts linked to Champions League qualification.

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It was a significant change from the ownership era of Roman Abramovich, who only rewarded players for winning trophies.

The Blues 2-0 loss to Real Madrid on Tuesday night saw them defeated 4-0 on aggregate in their Champions League quarter-final and facing up to the prospect of no Champions League football next season.

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It was their last possible route back into the competition for next season with Chelsea currently 11th in the Premier League and 17 points adrift of fourth-placed Newcastle United.

Chelsea who recently appointed its former Manager after sacking Graham Potter till the end of the season is yet to win a game in the last five matches.

The Bluez still have two London derbies in a row against Brentford and Arsenal as they look to salvage some pride from their terrible season.

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