REVEALED: How much Chelsea to realize as stars, Frank Lampard accept pay cut

There are reports in England that Chelsea stars have unanimously agreed to take a £10million hit for the next four months to ease the club’s cash woes.

According to The Sun, a ten per cent pay cut kicks in from next month and will run until the hoped-for start date of the new season in September.

The Blues’ first-team squad OK’d the deal via a group text sent by club captain Cesar Azpilicueta.

Full-back Azpilicueta, 30, asked the players if they were willing to accept a straightforward pay cut right through the summer — and the Spaniard received a resounding ‘Yes’ from the group.

Stamford Bridge boss Frank Lampard has already volunteered to have his salary slashed.

It is believed the head coach is ready to have his £5m-a-year pay packet reduced by £1.25m — a 25 per cent cut — while the Covid-19 pandemic rages.

The reports also reveal that the players are content to simply swallow the loss.

There are no payback clauses relating to Champions League or Europa League qualification as is the case with their London rivals Arsenal.