The official website for European football

Cash crisis at St. Gallen

Published: Saturday 14 September 2002, 18.15CET
FC St. Gallen players are to discuss wage reductions because of a financial crisis at the club.

UEFA.com features

The rise of Leicester and England's Jamie Vardy
  • The rise of Leicester and England's Jamie Vardy
  • Manchester City signing İlkay Gündoğan in profile
  • EURO cult heroes: 2012 – Jordi Alba
  • Camille Abily introduces champions Lyon
  • EURO history makers: 2012 - Andrés Iniesta
  • Dickenmann and Bussaglia: Wolfsburg's Lyon link
  • Prêcheur testifies to Lyon success
  • Kellermann aims for Wolfsburg hat-trick
  • Snap shot: Shevchenko rolls back the years
  • Meet Wolfsburg with captain Nilla Fischer
1 of 10
Published: Saturday 14 September 2002, 18.15CET

Cash crisis at St. Gallen

FC St. Gallen players are to discuss wage reductions because of a financial crisis at the club.
FC St. Gallen players are to discuss wage reductions because of a financial crisis at the Swiss first division club.

Unpaid wages
St. Gallen president Thomas Müller announced on Friday that only two-thirds of the players' salaries for August had been paid after failure to qualify for the UEFA Cup coupled with a disappointing start to the season and dwindling attendances left them short of funds.

'A difficult transition period'
Müller added that he plans to discuss wage reductions with the first-team squad. "Our measure is not unusual," he said. "We had openly communicated before the beginning of the season that there would be a difficult transition period up to the purchase of a new stadium. We hope they are helpful to us in difficult times."

Private talks
Under Swiss labour laws, St. Gallen are unable to force players to accept a reduced salary without agreement and Müller said private talks would be held with all of Gerard Castella's squad in the coming days. Players have the right to demand that their August wage is paid in full if they do not want to accept a pay cut to help ease the club's problems.

Disappointing start
St. Gallen missed out on a UEFA Cup windfall after being beaten by Dutch side Willem II in the third qualifying round of the Intertoto Cup and currently lie 10th in the Nationalliga A after a poor start to the season. Attendances have dropped as a result and only 9,500 turned out for Wednesday's 3-2 defeat by league leaders Grasshopper-Club.

Last updated: 14/09/02 18.45CET

Related information

Member associations
Team profiles

http://www.uefa.com/memberassociations/news/newsid=33665.html#cash+crisis+st+gallen