Date: 22nd June 2018 at 3:00pm
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The Times are reporting that the club will owe John Terry £560k if he decides to retire or remains a free agent.

The defender was reportedly on £70,000 a week,  but a little-known scheme introduced by the Professional Football Negotiating and Consultative Committee means he is entitled to his wages for June (£280k) as well as an additional month’s wages.

Fans on Twitter were not particularly sure what to make of the news:

Verdict:

Terry left the club early, reportedly to save the club money, so it will be interesting to see whether the Times report is accurate or not.

We remain in a precarious financial situation although the Telegraph reports that Tony Xia has managed to secure the money to pay tax bills and the payroll for this month.

There still remains a cashflow crisis at the club, and the owner is said to be seeking new investors in order to put us back on a sound financial footing.

 
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