Audio By Carbonatix
Liverpool have reversed their decision to place some non-playing staff on temporary leave and apologised to fans.
On Saturday, the club said they were going to apply to the government's taxpayer-funded job retention scheme, sparking a fierce backlash.
But in a letter to their fans, chief executive Peter Moore said: "We believe we came to the wrong conclusion last week and are truly sorry for that."
He added that the Reds have "opted to find alternative means" to pay staff.
The U-turn came after mounting criticism had led to talks between the club's US owners Fenway Sports Group, executives and key stakeholders.
Liverpool had become the fifth Premier League team to furlough non-playing staff with the season suspended indefinitely because of the coronavirus pandemic.
Staff affected were to receive 80% of their salary through the scheme and the club would make up the difference, despite making a profit of £42m last year. Liverpool are the world's seventh-richest football club.
The decision was criticised by former Liverpool players Jamie Carragher and Stan Collymore.
Newcastle United, Tottenham Hotspur, Bournemouth and Norwich City had already announced they will furlough some non-playing staff.
"Despite the fact we were in a healthy position prior to this crisis, our revenues have been shut off yet our outgoings remain," said Moore.
"And like almost every sector of society, there is great uncertainty and concern over our present and future.
"Like any responsible employer concerned for its workers in the current situation, the club continues to prepare for a range of different scenarios, around when football can return to operating as it did before the pandemic.
"These scenarios range from best case to worst, and everything in between.
"It is an unavoidable truth that several of these scenarios involve a massive downturn in revenue, with correspondingly unprecedented operating losses.
"Having these vital financial resources so profoundly impacted would obviously negatively affect our ability to operate as we previously have."
Latest Stories
-
GTDC calls for synergy as its marketplace gains global traction
5 minutes -
ADB lauds gov’t’s agricultural initiatives, commits to providing needed support
13 minutes -
US Embassy hosts World Cup draw watch party, fans upbeat about Ghana’s chances
15 minutes -
If Sammy Darko were in Police Service, he wouldn’t even be a Superintendent – Martin Kpebu
30 minutes -
Minister rejects claims of political bias as NDC Regional chair is named North East Best Farmer
38 minutes -
Notorious Ashaiman robber arrested in joint police operation
44 minutes -
OSP says probe into SML predates Manasseh Azure Awini’s petition
1 hour -
OSP is acting lawlessly; it had zero jurisdiction to arrest Martin Kpebu – Kofi Bentil
1 hour -
The evolution of smokeless alternatives to smoking
1 hour -
Mahama commissions National Signals Bureau Regional Command in Ho
2 hours -
Helping adult smokers make better choices through harm reduction
2 hours -
Domestic Violence Secretariat trains market executives as paralegals in Bono Region
2 hours -
CPA slams PURC over 2026 tariff hikes, calls increase “unrealistic” and unfair to consumers
2 hours -
Martin Kpebu was unhappy with move to demand Adom-Otchere’s landed property – Lawyer
2 hours -
US jails Nigerian fraud mastermind for 20 years over nationwide bank scam
2 hours
