John Terry will have to agree to a pay cut if he is to sign a new contract with Chelsea, ESPN
The captain is said to have been offered a one-year extension to his current contract, which expires this summer, but the terms of the deal insist on a drop from Terry’s current wage of £150,000 to £75,000.
There are said to be other Premier League teams monitoring Terry’s status at Stamford Bridge while Turkish giants Galatasaray, managed by former Manchester City boss Roberto Mancini, have been linked with an approach for the ex-England international.
Chelsea manager Jose Mourinho said in early April that he wants Terry to remain at the club, adding that Terry was aware of the fact and so too were the Chelsea hierarchy. Mourinho also claimed Terry wanted to stay at the Blues, who have a policy of only offering 12-month contracts to players over 30.
Terry has been at Chelsea for his entire senior professional career bar a loan spell with Nottingham Forest in 2000. He has made more than 600 appearances for the London club, scoring more than 50 times.
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