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The Barcelona players have agreed to defer a significant amount from their salary this season to save the club up to 172 million euros.
Barça has been particularly affected economically by the coronavirus pandemic and has seen its salary cap reduced by almost 300 million euros in the 2020-21 campaign.
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Last season, La Liga scored the BlaugranaThe salary spending limit is 671 million euros, but this season it has been limited to 382.7 million euros.
For this reason, Barça has been forced to look for ways to reduce costs. That started with letting top earners like Luis Suárez, Ivan Rakitic and Arturo Vidal leave in the summer.
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However, it has also required players who are still with the club to be impacted on their salaries and bonuses this season.
“The representatives of the club and the players have reached an agreement in principle that allows an adjustment of the salaries of the current season for an amount of 122 million euros of fixed remuneration,” said Barça in a statement this Friday.
Added to this is the postponement of up to three years of the variable remuneration for this season, budgeted at an approximate figure of 50 million euros.
“The agreement is pending ratification in the coming days. Once ratified, it represents a big step forward as the club tries to reverse the current financial situation.”
Barcelona players are greedy for their second salary cut or postponement this year. Eric Alonso / Getty Images
The agreement is specific to each player and sources have told ESPN that the majority of the players will be paid in the coming seasons (how many seasons will depend on the length of each player’s contract) and will receive an interest of around 3% on the amount they have agreed to. postpone.
Marc-Andre ter Stegen, Frenkie de Jong, Gerard Piqué and Clement Lenglet had already agreed to salary deferrals this season as part of the new contracts they signed in October.
It is the second time this year that Barça has asked its players to accept a salary cut or a salary deferral.
In March, when the coronavirus first disrupted football around the world, players agreed to give up 70% of their salaries while La Liga was stopped.
Since the pandemic began, revenues have fallen dramatically at Barça. The club announced losses of 97 million euros for the 2019-20 season in October and confirmed that its total debt has doubled to 488 million euros.
The latest accounts revealed total revenue of € 855 million, more than € 200 million compared to the € 1,059 million they predicted they would have earned without the coronavirus outbreak. That would have generated a profit of about 30 million euros.
Among other losses, Barça explained that it lost 47 million euros in revenue for the day, 35 million in sales in the club’s stores and 18 million in ticket sales for the museum based at the Camp Nou.
Source: espn.co.uk
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