• Korea Football Association To Cut Pay For Execs Amid Coronavirus Credit Crunch

<Image: Yonhap News>
<Image: Yonhap News>
The Korea Football Association says it's slashing monthly salaries for its senior executives as it faces financial woes brought on by the coronavirus pandemic.

A KFA official said on Thursday that pay for department directors and above will be cut by 20 percent beginning this month, and may remain in effect through the end of the year.

Revenue for the national football governing body is estimated to fall by around 5 billion won this year, due to a handful of international matches postponed in the wake of the COVID-19 outbreak.

All upcoming matches scheduled for the men's and women's national teams as well as at the under-23 level have been postponed indefinitely due to the virus.■

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