Friday, April 23

Tag: Furlough

Liverpool Chairman, Tom Werner Expresses Regret Over Furlough Decision
Sport

Liverpool Chairman, Tom Werner Expresses Regret Over Furlough Decision

Liverpool chairman Tom Werner accepts the club made a mistake when they announced plans to use the government’s furlough scheme. The Premier League leaders faced huge criticism in early April when owners Fenway Sports Group revealed they planned to take advantage of the coronavirus job retention scheme, which would see the United Kingdom government cover 80 per cent of wages up to £2,500 per month. There was a backlash from fans and former players given the club had announced pre-tax profits of £42million just six weeks earlier, leading them to reverse their decision and issue an apology through chief executive Peter Moore. “It’s better to admit a mistake than to dig your heels in,” said Werner, as per the Daily Mail. “Hopefully, people will know that all we really care abo...

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