Gary Neville states EFL clubs will not have the money to recycle the impacted players back into the game.
Gary Neville fears there is a “serious problem brewing” for players in the English Football League coming towards completion of their agreements.
Neville fears that the financial effect of the coronavirus pandemic is such that players whose present offers finish at the end of June will have a hard time to find new clubs.
“There is a serious problem brewing in the next few months. Over 1,000 players in the Championship, League One and League Two are out of contract at the end of June and clubs haven’t got the money to recycle them back into the game,” Neville informed Sky Sports News’ Football Show.
“It’s going to be a shock for the whole of football but it will be the players at the lower end of the game who will suffer the most.”
The EFL and the Expert Footballers’ Association revealed the other day a proposition that League One and League 2 clubs delay approximately 25 percent of player earnings in April, with players making less than ₤2500 a month still being paid in full.
Championship clubs are anticipated to make specific choices on wage deferments.
“In the next few months there will have to be player cost reductions. It is an absolute given, ” stated Neville.
“What the EFL announced yesterday was the right approach.”