Barcelona Mulling 70 Percent Wage Cut Proposal

Barcelona players are said to be “unconvinced” by the prospect of taking a 70-percent wage cut as proposed by the club directors to soften the economic stress caused by the coronavirus pandemic.

Barcelona club directors had an initial meeting last week to discuss the wage cuts to be implemented to soften the financial blow during the suspension of all European and domestic competitions due to the coronavirus, officially named COVID-19 by the World Health Organization.

Local media report a proposal was prepared and presented to the players which includes a 70-percent wage cut to their daily salaries during the country’s lockdown.

This means the wage cuts will only be in effect during the Spanish lockdown and will not be subject to the national or European leagues picking up again according to reports.

Spanish newspaper ‘Marca’ claim “the first proposal the club threw at them does not convince the players” who have asked for “a period of time to give a response while they consult their financial advisors”.

It is unclear if they have a deadline to deliver an answer.

The cuts would reportedly affect players from all sports at Barcelona and would not vary depending on the player or their salary as reports of club staff also receiving notice of a reduced salary in the coming months.

La Liga was put under suspension “indefinitely” as Spain has been the second-most affected European country by COVID-19, second only to Italy.

Spain has a reported 42,058 cases of the virus leading to 2,991 deaths while Italy has reported 69,176 cases and 6,820 deaths.

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Story By:  Juan Mayes Sub-Editor: Joseph Golder, Agency: Golder’s News And Sport

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