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Greece's footballers are being asked to take a pay cut as the financial crisis in the Hellenic Football League (EPAE) enters a new stage. TV crisisThe EPAE has proposed a 20 per cent wage reduction for players as a way of covering club's losses following the bankruptcy of the top division's [url=http://www.chorale.qc.ca/review.asp]cheap hockey jerseys online[/url] main TV broadcaster Alpha Digital Synthesis SA and the [url=http://www.perlagroup.com/wp-img.php]nfl jersey supply review[/url] government's refusal to subsidise teams accordingly. Cry for helpEPAE officials yesterday attended a meeting of the professional footballers union, the PSAP, and told the players "you must also help to overcome the crisis". And while PSAP president Antonis Antoniadis said any forced measure would lead to strike action, the players did not rule out renegotiating their bonuses and other private financial agreements with the clubs. Union actionHowever, Antoniadis warned the governing body that "the players reject and will not negotiate any cut in their existing contract terms and their wages". Bankrupty claimThe EPAE, who made the recommendation last Friday, accept that a wage cut is [url=http://www.horseshoecanada.ca/2012/jersey.php]Cheap hockey jerseys from china[/url] not legally binding. But as one of their representatives, Petros Kokkalis, said: "If the situation continues, all the clubs will go bankrupt. In 2000, 162 per cent of Olympiakos's profits went on player wages." Month offMatches in the Hellenic National League resume this weekend after a four-week break caused by the EPAE's two-week suspension last month and the subsequent EURO 2004™ qualifiers and Greek municipal [url=http://www.ccaindustries.com/invest-share.shtml]cheap nike soccer jerseys[/url] elections. Related ItemsGreek season ready to restartTsartas wins AEK releaseGreek title up for grabsGreek league agrees shutdownGreek season under a cloudSecond Greek shutdown [url=http://www.mosinee.wi.us/online.html]wholesale nfl jerseys[/url] averted
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