Liverpool FC chief executive officer Peter Moore has apologised on trying to apply for Coronavirus Retention Scheme and furlough staff despite the club pocketed half a billion pound a year.<\/p>\n
In a letter to the fans, Moore said they have consulted with a range of key stakeholders and a range of possible scenarios were considered.<\/p>\n
This includes applying to the Coronavirus Job Retention Scheme, which pays 80 per cent of salary and guaranteeing the 20 per cent payment; applying to the Coronavirus Job Retention Scheme with a guarantee to reimburse monies received at a later date; and finding an alternative means to cover furlough costs.<\/p>\n
“We believe we came to the wrong conclusion last week to announce that we intended to apply to the Coronavirus Retention Scheme and furlough staff due to the suspension of the Premier League football calendar, and are truly sorry for that.<\/p>\n
“Our intentions were, and still are, to ensure the entire workforce is given as much protection as possible from redundancy and\/or loss of earnings during this unprecedented period.<\/p>\n
“We are therefore committed to finding alternative ways to operate while there are no football matches being played that ensures we are not applying for the government relief scheme.<\/p>\n