Hibernian are the latest of Celtic’s Scottish rivals looking to take financial measures to navigate the ongoing public health crisis, The Scottish Sun reports.

The paper reckons that the club are in negotiations with their players about a potential wage deferral, meaning a percentage of their monthly payments would be put on hold until league action returns.

The Easter Road outfit would then pay back their stars on an agreed schedule.

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Further talks are due to take place on the matter over the next 48 hours, according to the report.

It comes after Hearts asked their players to take a straight wage cut, rather than deferral, with pundits like Gary Locke suggesting they don’t have a future at the club if an agreement isn’t reached (Edinburgh Evening News).

 

Aberdeen are also feeling the squeeze, releasing a statement last week to tell supporters they are facing a period of £5m in spending without revenue (BBC).

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High profile pundit Michael Stewart also expressed concerns this weekend to BBC Scotland about Rangers’ ability to find funding.

Celtic will have issues too, but the hope will be that excellent trading over the last few years will not necessitate us looking to drastically cut squad costs and such.

Celtic are financially secure under chief executive Peter Lawwell

Celtic are financially secure under chief executive Peter Lawwell / (Photo by Ian MacNicol/Getty Images)

The uncertainty seems to be as much of a problem too.

If the Scottish FA and SPFL could give clearer guidance on if the season will be declared over or whether they hope to continue in late summer, it might help clubs plan appropriately.

For the good of Scottish football, we need the biggest clubs in the division to successfully get through this period and return in decent shape for next season’s start date, whenever that comes.

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