Premier League, EFL and PFA to discuss wage deferral agreement: BBC

first_imgTopics : Premier League and English Football League clubs are seeking agreement on a collective wage deferral plan at a meeting with the Professional Footballers’ Association on Wednesday, the BBC has reported.The report said the proposal is one option to help clubs safeguard their financial future during the coronavirus shutdown.English football has been suspended until at least April 30 and league authorities have said they will resume action “only when it is safe and conditions allow”. Players at Championship leaders Leeds United have volunteered to take a wage deferral, while Birmingham City have asked some players to take a 50% pay cut over the next four months.Tottenham Hotspur chairman Daniel Levy has called on Premier League players and managers to help English football deal with the crisis.”We have seen some of the biggest clubs in the world such as Barcelona, Bayern Munich and Juventus take steps to reduce their costs,” said Levy, who revealed Spurs had imposed a 20% pay cut on 550 non-playing staff in April and May.”We hope the discussions between the Premier League, PFA and LMA (League Managers Association) will result in players and coaches doing their bit for the football ecosystem.”Jonas Baer-Hoffmann, general secretary of FIFPRO, has praised the players who agreed to take pay cuts but warned that the example should not be used to pressure those at smaller clubs.”We can only appeal to common sense that those measures taken by the elite clubs and players cannot just be transferred downwards,” he added. last_img read more

These are the places where you can still find affordable properties

first_imgThere is still good value in the Whitsunday’s region with this home at81 Gordon St, Bowen listed for just $288,000 Picture: realestate.com.auWHILE Brisbane’s property market may appear affordable to buyers from southern states, buying a house close to the CBD can still be out of the price range of some buyers.According to PRDnationwide national research manager Dr Diaswati Mardiasmo, those with a budget of less than $500,000 had fewer options in Brisbane now than they did just a year ago.In the first half of 2017 that price range could access 15.3 per cent of the market, but by the second half of 2017 it would only access 10.6 per cent.But Dr Mardiasmo said all hope was not lost, there were still places where such a budget could score an affordable property in an area predicted for future growth.“What we’re now seeing in the market is a diminishing pool of available properties at the lower and mid-price range, especially in the capital cities of Brisbane and Hobart that were once touted as affordable,’’ she said.Dr Mardiasmo has come up with a list of four areas outside of Brisbane which are still affordable and have good growth indicators for local jobs and a sustainable economic future.Among other factors she selected areas with on par or higher rental yields than the closest capital city, as well as on-par or lower vacancy rate compared to the closest capital cityThe area also needed to be earmarked for a significant amount of future development work and have low unemployment figures.In Queensland the tops areas according to Dr Mardiasmo were Whitsunday Regioanl Council, Ipswich City Council, Toowoomba Regional Council and Southern Downs Regional Council.Dr Mardiasmo said Whitsunday Regional Council area has plenty of job opportunities including for technicians, trade workers, labourers and managers. She said unemployment at 6.7 per cent was is much lower than both Brisbane 7.4 per cent and Queensland 7.6 per cent.She said buyers were urged to secure their properties now because there were still incredibly affordable property prices and promising capital growth on offer.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus19 hours agoThe area has a median house price of $375,000, median unit price of $220,000 and median land price of $165,000.“As the majority of the Whitsunday’s population choose to rent (36.4 per cent), investors are urged to capitalise on the strong conditions offered in the area’s rental market,’’ she said.The Ipswich City Council has a median house price of $347,500, a median unit price of $318,750 and median land price of $190,000.“Also in December 2017, yields continued to stand out for houses at 4.8 per cent and units 6.2 per cent,’’ she said.“This offers much more appealing conditions than Brisbane’s house and unit yields of 3.8 per cent and 5 per cent respectively.’’ Toowoomba Regional Council had a median house price of $380,000, median unit price of $304,000 and median land price of $180,000.“First home buyers are urged to take advantage of the affordable property prices and gain the rewards of solid capital growth,’’ Dr Mardiasmo said.She said the area had much more favourable conditions for investment than Brisbane.The Southern Downs Regional Council area has a median house price of $280,000, median unit price of $225,000 and median land price of $108,500. It has a very low vacancy rate and strong rental yields for houses and units.“Investors are urged to capitalise on solid returns and strong capital gains,’’ Dr Mardiasmo said.last_img read more