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English football chiefs tell players that clubs face losing £1.137 billion

Premier League players have been told that clubs are set to lose £1.137 billion over the coronavirus crisis, as talks over wage cuts failed to reach an agreement.

A video conference call was held on Saturday afternoon where a presentation from the Premier League to captains and coaches, explained why clubs want their players to accept a reduction in their pay.

The extraordinary conference call finished with no resolution on wage cuts for players, and has been left for the players to consider what they would like to happen.

Premier League players have agreed to a x per cent wage cut after a video meeting today

Given the complexities of getting more than 50 representatives on the same call, with each club allowed three representatives and most selecting their captain and coach to attend, it was unlikely anything would be finalised today.