Everton's squad have voluntarily taken 50 per cent pay deferrals for the next three months in a step to protect the club's long-term finances.
In an email to supporters sent out on Tuesday night, Denise Barrett-Baxendale, Everton's chief executive, explained the process behind the decision and revealed that talks with the players have been on-going since the coronavirus pandemic shut football down temporarily.
Carlo Ancelotti, Everton's manager, and the rest of his staff immediately agreed to take 30 per cent reductions in their salaries; as did other leading figures within the club such as Marcel Brands, the director of football, and Barret-Baxendale.