Premier League clubs have agreed to enter into short term contract extensions with players whose deals are due to expire on June 30 of this year. Clubs and players will now have until June 23 to agree extensions.
“As the UK Government indicated on Monday its willingness for live sport to return behind closed doors from June 1, the Premier League is exploring paths to resuming the 2019/20 season after this date,” stated the Premier League in a release. “Clubs were concerned over expiring player contracts and registration issues posed by the potential of the 2019/20 season extending beyond June 30.”
“So, it was agreed by all Shareholders that clubs and players can mutually agree to extend their contracts beyond June 30 until the end of the season.”
Richard Masters, the Premier League Chief Executive, said, “What we decided today is to ensure as far as possible that clubs complete the season with the same squad they had available prior to the suspension of the campaign.”
“Players can extend their contracts beyond June 30 until the end of the season, but it must be agreed by both parties.”
Clubs and players will now have until June 23 to agree extensions.