FC BARCELONA PLAYERS TO GET PAY CUT OVER CORONAVIRUS CRISIS

Owing to the involuntary on-field inaction occasioned by the coronavirus crisis, there are fears FC Barcelona may fail to meet the required €11m budget earnings.

According to Spanish news outlet La Vanguardia, Barcelona’s board could possibly ask the first-team players to accept a significant drop in their wages in order to help the club during the coronavirus crisis.

Barcelona are feared not to meet the €11m budgeted earning due to the lack of revenues following the suspension of the games.

The club’s financial situation is set to be discussed during the board’s meeting which is expected to be held via video, as the same source adds.

Barca’s players have reportedly been informed of such serious measures.

As a reminder, Barca pay around €507m in salaries per year.

Clearly, Barcelona are expected to lose a lot of money due to the suspension of the games because of the coronavirus spread. President Bartomeu revealed it would have cost the club €6million to host Napoli behind closed doors before this match was eventually postponed.

The clubs’ main revenues arrive from the TV rights and matchday earning from ticket sales and merchandising. Last season, for example, Barcelona received €114 million in competition prize money and €298m in television revenue.

By the way, Borussia Monchengladbach‘s players, coaching staff and club directors have agreed to defer their wages at least until April 3 and give them to the Bundesliga side’s employees.

Here you can learn more about other kind acts football has shown to fight against coronavirus.