Report: Chelsea want John Terry to halve his wages on new contract

Chelsea reportedly want captain John Terry to halve his wages before they offer him a new one-year contract.

Chelsea captain John Terry has reportedly been told that he must halve his wages if he wants a new contract at Stamford Bridge.

The Blues hierarchy are willing to offer the former England skipper a new one-year deal, but the defender must take a pay cut from £150,000 per week to around £75,000, according to The Mirror.

Chelsea have a policy of offering players over 30 a one-year deal on reduced wages, and the same rule applies to the 33-year-old Terry.

Galatasaray are said to be monitoring the situation closely.

Chelsea's John Terry celebrates with team mates after scoring his team's second goal against Fulham during the Premier League match on April 17, 2013
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