The Super Eagles duo of Kelechi Iheanacho and Wilfred Ndidi could see the wages slashed by 50%, as Leicester City face the real threat of relegation from the Premier League.
The Foxes host Liverpool tonight and find themselves in 19th place in the Premier League, two points adrift of safety with just three matches left to play.
As a result, the crisis shrouding the 2016 Premier League winners has triggered senior officials to cancel their annual event, believing it would not be appropriate.
According to The Telegraph, the focus will remain firmly on their make-or-break run-in, despite the provisional date for the awards ceremony being set for next week.
In a further move certain to raise alarm bells at the King Power Stadium, Leicester’s players are also believed to be careering head-first toward a significant salary cut.
Indeed, the same publication claim that wages will be slashed by up to 50 per cent in the event the club drops into the second tier over the coming weeks.
The relegation clauses in the contracts are said to range between 35 and 50 per cent for all players, although this is standard procedure for many Premier League sides.