MX23RW : Sunday, January 17 06:38:41| >> :120:19775:19775:

Barcelona 'agree pay cut with players'

Barcelona 'agree pay cut with players'
© Reuters
Barcelona's first-team squad agrees to take a substantial pay cut in order to help the club's financial situation during the coronavirus pandemic.

Barcelona have announced that the first-team squad have agreed to take a substantial pay cut in order to boost the club's financial situation.

Like the majority of teams around the world, Barcelona have struggled for cash flow during the coronavirus pandemic, resulting in reduced activity during the summer transfer window.

However, the Catalan giants had already been looking to make at least one big-money sale before the start of the global crisis, putting extra pressure on the powers-that-be at Camp Nou.

After prolonged discussions with the club's biggest earners, Barcelona are now in a position where they will save £109m after reaching an agreement with the senior squad.

On Friday night, a club statement read: "The parties have reached an agreement in principle that allows an adjustment to the salary cost of the current season."

The development comes with Barcelona sitting down in 13th position in the La Liga standings, 10 points adrift of leaders Real Sociedad.

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Tables
TeamPWDLFAGDPTS
1Atletico MadridAtletico1613213162541
2Real Madrid18114330151537
3Barcelona18104437172034
4Villarreal188822617932
5Real Sociedad1986529161330
6Sevilla179352115630
7Granada188372129-827
8Celta Vigo186572228-623
9CadizCadiz186571522-723
10Real Betis187292231-923
11Levante175662324-121
12Athletic Bilbao186392122-121
13Getafe175571518-320
14Valencia184772425-119
15EibarEibar184771518-319
16AlavesAlaves184681623-718
17Real Valladolid184681625-918
18ElcheElche163761421-716
19Osasuna183691527-1215
20Huesca181981428-1412

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