Wigan Athletic seven involved in 'serious problem brewing'
Neville fears that the financial impact of the coronavirus pandemic is such that players whose current deals finish at the end of June will struggle to find new clubs.
“There is a serious problem brewing in the next few months,” Neville told Sky Sports News’ Football Show.
“It’s going to be a shock for the whole of football, but it will be the players at the lower end of the game who will suffer the most.”
The EFL and the Professional Footballers’ Association announced on Tuesday a proposal that League One and League Two clubs defer up to 25 per cent of player wages in April, with players earning less than £2500 a month still being paid in full.
Championship clubs are expected to make individual decisions on wage deferrals.
“In the next few months there will have to be player cost reductions. It is an absolute given, “ insisted Neville.
“What the EFL announced on Tuesday was the right approach.”