Barcelona players agree to pay cut to save club from collapse

29 Novembre, 2020, 20:45 | Auteur: Adelaide Bullion

Barcelona's interim board can finally rest easy after resolving one of their major challenges in recent weeks as they have come to an agreement in principle with the squad for a wage cut.

Spanish giants Barcelona, which now have the highest wage bill in world football, have made a breakthrough in their efforts to avoid a coronavirus-induced financial catastrophe after their stars made major concessions in response to the hard circumstances.

CLOSE to securing an agreement on Friday for a €122 million euros cut in players' salaries this season to help offset the financial hole left by the coronavirus pandemic.

"The agreement, if it is ratified, will be a milestone of great importance to redirect the current economic situation", the club said.

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"That both parties recognise the great effort that has had to be made to reach this principle of agreement, [they should] congratulate themselves for it".

Barcelona's Antoine Griezmann plays in an empty stadium during their Champions League clash with Dynamo Kyiv, Barcelona, Spain, November 24, 2020.

"This principle of agreement is pending ratification in the coming days by the group of players and technical staff affected", the club said in a statement on their website.

"The lack of tourists and visitors to the city of Barcelona due to the reductions and limitations applied to worldwide tourism also meant far fewer visitors to Barca's premises, meaning major losses in terms of such areas as visitors to the Camp Nou Experience and the sale of products in official stores", it added.

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