The latest news reaching the Siya crew is that one player from a Premier Soccer League club has already been released from his contract amidst salary cut saga.
Siphelele Mthembu, who was heavily linked with an exit from Cape Town City in the January transfer window, has officially been released from the Citizens, this according to Siya sources.
The source added that Mthembu, whose contract was meant to expire at the end of the season, has since received a pay out from the Citizens, with two months left to run on his deal.
In a letter seen by the Siya crew this afternoon, City confirmed salary cuts for players and staff ranging from 15% to 100% for the month of May and possibly June, this due to the effect of the COVID-19 pandemic on the country’s crippling economy.
“We are requiring a 30% cut in player salaries — across all players — I will not cap the salaries, as discussed before. In addition, all those under R30k p month salary will get a 15% cut.”
“The entire admin staff compliment of the club, technical, logistics and admin will be getting cuts ranging from 30% to 100% cuts. It is not intended to refund any of these amounts under these circumstances and we will review the situation end of May again,” the letter read in part.