Aberdeen ’s chairman outlined the steps which had to be taken to halt a situation which was “becoming unsustainable”. When football first went into lockdown in March, Cormack drew up a first set of plans.
At that stage, there were hopes of stadiums being filled again by September.However, as the weeks have passed and the truths rammed home to all clubs, the Dons chief realised more had to be done.Desperate not to lose any staff he made the choice.
Those earning more than £30,000 per year have agreed to take reductions averaging 20 per cent for a year with the cuts helping to plug a £10m loss.With a £2m cash injection from investors, £2m saved from government support, £1m from higher than expected season ticket and AberDNA membership sales.
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