Barcelona initiates new round of pay cuts despite player opposition
4 years, 2 months ago

Barcelona initiates new round of pay cuts despite player opposition

The Hindu  

Barcelona has formally begun the process to introduce a wage cut on players and staff, the La Liga club said on Wednesday, the latest move to mitigate the crippling effect of the COVID-19 pandemic on its finances. “The club anticipates a drop in revenue of more than 30% and is therefore compelled to find immediate solutions that will help reduce spending.” READ | The pandemic led to La Liga pausing for three months before resuming without spectators, badly affecting matchday and commercial revenue. While all players agreed to the previous pay cut and took an extra hit to ensure non-sporting staff continued to receive their full pay packets during the state of alarm, many members of the squad have opposed the latest round of cuts. Goalkeeper Marc-Andre ter Stegen, defenders Clement Lenglet, Gerard Pique and midfielder Frenkie de Jong have already agreed to the temporary pay cut, which has been incorporated into new contracts for the four players which were announced on Tuesday. The footballer's union of Spain said earlier on Wednesday that it supported the players in opposing the pay cuts as they were not receiving the appropriate representation in negotiations.

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History of this topic

Cash-strapped Barcelona 'want to REDUCE Frenkie de Jong's salary'
2 years, 1 month ago

Cash-strapped Barcelona 'want to REDUCE Frenkie de Jong's salary'

Daily Mail  

Barcelona have approached Frenkie de Jong's entourage in an effort to lower the Dutchman's wage and free up funds for upcoming transfer moves, according to reports. Barcelona are seeking ways to reduce Frenkie De Jong's current contract according to reports President Joan Laporta and the club reportedly approached De Jong's agents with new terms According to Sport, Barcelona wants to …

Barcelona Register Sergio Aguero After Sergio Busquets and Jordi Alba Agree to Pay Cuts
3 years, 4 months ago

Barcelona Register Sergio Aguero After Sergio Busquets and Jordi Alba Agree to Pay Cuts

News 18  

Barcelona players Sergio Busquets and Jordi Alba have agreed to salary reductions in order to get new signing Sergio Aguero registered and to extend the club’s limit with regards to financial fair play regulations, the Catalan side said on Tuesday. The gesture comes after defender Gerard Pique took a similar step that allowed team mates Memphis Depay, Eric Garcia and …

LaLiga: Gerard Pique says Barcelona's veteran players taking salary cuts
3 years, 4 months ago

LaLiga: Gerard Pique says Barcelona's veteran players taking salary cuts

Firstpost  

Memphis Depay and Eric Garcia, who both started on Sunday, reportedly couldn’t have been registered without Piqué’s salary reduction. Barcelona’s veteran players are taking salary reductions to help the financially troubled club, Gerard Pique said Sunday. Pique said he had to be the first to take the reduction so the club could register some of its new players in time …

Piqué says Barcelona's veteran players taking salary cuts
3 years, 4 months ago

Piqué says Barcelona's veteran players taking salary cuts

The Hindu  

Barcelona's veteran players are taking salary reductions to help the financially troubled club, Gerard Piqué said Sunday. Piqué said he had to be the first to take the reduction so the club could register some of its new players in time for its opening Spanish league game, which Barcelona won 4-2 at the Camp Nou Stadium against Real Sociedad. “After …

Lionel Messi 'WILL leave Barcelona if he doesn't take a pay cut'
4 years ago

Lionel Messi 'WILL leave Barcelona if he doesn't take a pay cut'

Daily Mail  

Lionel Messi must take a pay cut or he will have to leave Barcelona next summer, according to one of the presidential candidates in the club's upcoming elections. Messi's future has been the subject of heavy speculation ever since he handed in a formal transfer request last summer in the wake of Barcelona's humiliating 8-2 Champions League defeat by Bayern …

Barcelona are handed a £342m WAGE CAP by LaLiga - £77m less than rivals Real Madrid
4 years, 1 month ago

Barcelona are handed a £342m WAGE CAP by LaLiga - £77m less than rivals Real Madrid

Daily Mail  

Barcelona's wage cap has been reduced from £601million to £342m in the wake of the financial pressures caused by the Covid-19 pandemic. Barcelona's player wages took up around 61 per cent of the club's £940m income before the coronavirus pandemic took hold, meaning their current wage bill stands at around £573m. LaLiga have reduced Barcelona's wage cap for this season …

Barcelona stars 'face ANOTHER wage cut'
4 years, 7 months ago

Barcelona stars 'face ANOTHER wage cut'

Daily Mail  

Barcelona players face having to take yet another wage cut having already agreed to a 70 per cent reduction in March. Quique Setien’s men agreed to a substantial cut in their wages in order to help the club navigate the coronavirus crisis, while also taking other financial cuts in order to help non-playing staff receive pay at the Nou Camp. …

Premier League giant Chelsea to not impose pay cut on players
4 years, 8 months ago

Premier League giant Chelsea to not impose pay cut on players

India TV News  

English Premier League team Chelsea says it will not impose a pay cut on its first-team squad and instead will ask players to continue their support for charities during the coronavirus pandemic. Highlighting the PlayersTogether initiative launched by Premier League players earlier this month which aims to raise and distribute funds for National Health Service charities, Chelsea told its stars …

Take a pay cut or you WON'T get paid: Hearts owner Ann Budge tells stars to give up part of wages
4 years, 8 months ago

Take a pay cut or you WON'T get paid: Hearts owner Ann Budge tells stars to give up part of wages

Daily Mail  

Hearts owner Ann Budge has warned players they must accept pay cuts or receive no money while football remains suspended. Skipper Steven Naismith offered to take a 50 per cent wage cut more than a month ago and manager Daniel Stendel is working for nothing along with an unnamed young player, but Budge has been unable to secure widespread agreement …

Chelsea squad agree to take 10% pay cut for four months
4 years, 8 months ago

Chelsea squad agree to take 10% pay cut for four months

Daily Mail  

Chelsea players have virtually agreed a 10 per cent pay cut - but do not have the opportunity to make up their lost cash. As revealed by Sportsmail last week, Chelsea players - led by captain Cesar Azpilicueta - have negotiated a 10 per cent pay cut, which will last for four months. Chelsea players have agreed to take a …

Arsenal still trying to convince pay-cut rebels to agree to 12.5 per cent reduction
4 years, 8 months ago

Arsenal still trying to convince pay-cut rebels to agree to 12.5 per cent reduction

Daily Mail  

Arsenal are still trying to convince their pay-cut rebels to agree a 12.5 per cent wage reduction. Arsenal are trying to convince their pay-cut rebels to agree a 12.5 per cent wage reduction As it stands, the pay cut proposals remain on the table, while the lines of communication between the club and players remain open with Arsenal officials still …

Valencia players agree to coronavirus pay cuts
4 years, 8 months ago

Valencia players agree to coronavirus pay cuts

The Hindu  

Valencia has confirmed its first team players will accept pay cuts to limit the economic damage felt by the club from the coronavirus pandemic. After weeks of negotiations, Valencia announced the club will also apply for the Spanish government’s furlough scheme, which allows employers to reduce working hours and pay in exceptional circumstances. Valencia has followed a number of La …

Valencia players agree to pay cuts due to coronavirus impact
4 years, 8 months ago

Valencia players agree to pay cuts due to coronavirus impact

India TV News  

La Liga club Valencia has announced that their players will accept pay cuts because of the economic damage from the coronavirus pandemic. A number of La Liga's leading teams have applied pay cuts. Barcelona, Atletico Madrid and Sevilla players have all accepted 70 per cent pay cuts per month while Real Madrid players will lose 10 per cent of their …

COVID-19: Arsenal players and boss Arteta agree wage cuts
4 years, 8 months ago

COVID-19: Arsenal players and boss Arteta agree wage cuts

The Hindu  

Arsenal has announced that players and coaches have reached an agreement over wage cuts, which will take effect this month. In a statement released on Monday, the Gunners said there had been "positive and constructive discussions" at the club, in which there was "a clear appreciation of the gravity of the current situation caused by the COVID-19 pandemic and a …

Arsenal confirm players and coaching staff have taken 12.5% wage cuts
4 years, 8 months ago

Arsenal confirm players and coaching staff have taken 12.5% wage cuts

Daily Mail  

Arsenal players and manager Mikel Arteta have agreed to cut their wages by 12.5% to assist the club during the coronavirus pandemic. Arsenal stars have accepted wage cuts of 12.5% amid the ongoing coronavirus pandemic Manager Mikel Arteta stressed to his players the importance of making sacrifices last week ARSENAL'S TOP WEEKLY EARNERS Mesut Ozil - £350,000 Pierre-Emerick Aubameyang - …

Sporting to cut player wages by 40%, board to take 50% pay cut during coronavirus crisis, says report
4 years, 8 months ago

Sporting to cut player wages by 40%, board to take 50% pay cut during coronavirus crisis, says report

Firstpost  

With the pandemic shutting down global sport on an unprecedented scale, Sporting is the first of Portugal’s three major football clubs to announce the cuts. Lisbon: Players at Sporting will have their salaries cut by 40 percent for three months as the club attempts to mitigate financial losses from the suspension of games during the coronavirus outbreak, Portuguese news agency …

Logical for Real Madrid players to take pay cut, says Toni Kroos
4 years, 9 months ago

Logical for Real Madrid players to take pay cut, says Toni Kroos

The Hindu  

Real Madrid star Toni Kroos said it was logical for players and coaches to take a pay cut amid the coronavirus pandemic. READ | Directors at Madrid also accepted to voluntary reductions in pay for 2019-20 – the pay cuts will be between 10 and 20 per cent "depending on the circumstances that may affect the closing of the 2019-20 …

Real Madrid announce 10 to 20 per cent pay cut for first-team stars
4 years, 9 months ago

Real Madrid announce 10 to 20 per cent pay cut for first-team stars

Daily Mail  

Real Madrid players have agreed to take a pay cut for the rest of the season, the club announced on Wednesday. Madrid issued a statement confirming that: 'Players and coaches from both the football and basketball teams, led by their captains, together with the club's main executives, have agreed to voluntarily lower their salaries for this year between 10 and …

COVID-19: Sevilla joins top La Liga clubs in slashing wage bill
4 years, 9 months ago

COVID-19: Sevilla joins top La Liga clubs in slashing wage bill

The Hindu  

Sevilla said on Wednesday it planned to join Barcelona and other top Spanish clubs in slashing players’ wages by up to 70 per cent in response to the coronavirus pandemic. With Spain’s La Liga suspended indefinitely and club income sharply reduced, Sevilla said its decision would affect first team players as well as other playing staff and back room staff. …

La Liga chief Javier Tebas pursuing wage cuts
4 years, 9 months ago

La Liga chief Javier Tebas pursuing wage cuts

The Hindu  

La Liga players have been told it should be "normal" for them to have their salaries reduced because everyone else is being impacted financially by the coronavirus pandemic. RELATED| Serie A clubs have voted unanimously to implement cuts of up to a third of players' yearly wages, while some teams from other countries around Europe are making their own decisions …

FIFA urges clubs and players to reach agreement over wages
4 years, 9 months ago

FIFA urges clubs and players to reach agreement over wages

The Hindu  

FIFA on Monday urged clubs and players to reach agreement on wage reductions to protect clubs suffering financial damage due to the coronavirus crisis, sources said. The call from world football's governing body comes as Premier League clubs are locked in talks with players and their representatives about taking pay cuts after government ministers called on players to “play their …

FIFA urges clubs and players to reach agreement over wages: sources
4 years, 9 months ago

FIFA urges clubs and players to reach agreement over wages: sources

Deccan Chronicle  

Lausanne: FIFA on Monday urged clubs and players to reach an agreement on wage reductions to protect clubs suffering financial damage due to the coronavirus crisis, sources said. The call from world football's governing body comes as Premier League clubs are locked in talks with players and their representatives about taking pay cuts after government ministers called on players to …

Barcelona slashes staggering wage bill to survive corona lockdown
4 years, 9 months ago

Barcelona slashes staggering wage bill to survive corona lockdown

The Hindu  

Spanish club Barcelona's colossal cash turnover is under the spotlight after the football lockdown slashed the earnings that enabled them pay over 600 million euros per year to staff. European football administrators do not allow for wages above 70 per cent of a club's earnings, with the Catalan outfit sitting was officially around 68 percent. The wage budget for the …

Barcelona slash staggering wage bill to survive corona lockdown
4 years, 9 months ago

Barcelona slash staggering wage bill to survive corona lockdown

Deccan Chronicle  

Barcelona: Spanish superclub Barcelona's colossal cash turnover is under the spotlight after the soccer lockdown slashed the earnings that enabled them pay over 600 million euros per year to staff. European football administrators do not allow for wages above 70 per cent of a club's earnings, with the Catalan outfit sitting was officially around 68 percent. The wage budget for …

Coronavirus: Atletico Madrid cuts player wages by 70 per cent
4 years, 9 months ago

Coronavirus: Atletico Madrid cuts player wages by 70 per cent

The Hindu  

Atletico Madrid players will accept a 70 per cent pay cut during the coronavirus crisis to protect the salaries of 430 non-playing staff, the La Liga club has confirmed. A club statement on Thursday confirmed it would present a Temporary Employment Regulation File to enshrine a 70 per cent decrease in wages for players with Atletico Madrid B and Atletico …

Premier League clubs facing pressure as Julian Knight MP calls for windfall tax if wages aren't cut
4 years, 9 months ago

Premier League clubs facing pressure as Julian Knight MP calls for windfall tax if wages aren't cut

Daily Mail  

DCMS Committee Chair Julian Knight is calling for a windfall tax to be imposed on Premier League clubs that refuse to cut the salaries of highly-paid star players while cutting pay of non-playing staff on furlough. A windfall tax would allow the Treasury to recover from Premier League clubs a substantial proportion of the money paid out to players which …

Premier League accused of 'moral vacuum' as clubs cut staff wages
4 years, 9 months ago

Premier League accused of 'moral vacuum' as clubs cut staff wages

The Hindu  

Premier League clubs have been accused of living in a “moral vacuum”, with players urged to take their share of the financial hit from the coronavirus pandemic as non-playing staff begin to feel the pinch. Tottenham chairman Daniel Levy said he hoped discussions between the Premier League and players' and managers' representatives would “result in players and coaches doing their …

Coronavirus: Messi never opposed Barca pay cuts – Bartomeu
4 years, 9 months ago

Coronavirus: Messi never opposed Barca pay cuts – Bartomeu

The Hindu  

Barcelona president Josep Maria Bartomeu said Lionel Messi agreed with pay cuts at the La Liga champion, after the captain criticised senior club figures behind the scenes. The news came following reports of a disagreement between senior Barca players and club directors over the degree of wage reduction, with Messi denying the squad turned down the team's proposal to reduce …

Messi confirms pay cut for Barca players, criticises board
4 years, 9 months ago

Messi confirms pay cut for Barca players, criticises board

Deccan Chronicle  

Madrid: Lionel Messi confirmed on Monday that Barcelona's players will take a 70 per cent pay cut and make financial contributions to ensure the club's other employees are paid in full during the state of alarm in Spain. In a lengthy message posted on his Instagram account, Messi also took another swipe at the Barca board, led by president Josep …

Lionel Messi confirms pay cut for Barcelona players
4 years, 9 months ago

Lionel Messi confirms pay cut for Barcelona players

The Hindu  

Lionel Messi confirmed, on Monday, that Barcelona's players will take a 70 per cent pay cut and make financial contributions to ensure the club's other employees are paid in full during the state of alarm in Spain. “For our part, the time has come to announce that, as well as the reduction of 70 per cent of our salary during …

Coronavirus Outbreak: FC Barcelona players to take 70 percent wage cut, captain Lionel Messi announces on social media
4 years, 9 months ago

Coronavirus Outbreak: FC Barcelona players to take 70 percent wage cut, captain Lionel Messi announces on social media

Firstpost  

FC Barcelona players have announced they will be taking a 70 percent wage cut to ensure it creates enough funds to pay rest of the club employees. Barcelona captain Lionel Messi has released a statement, as have other members of the squad, announcing the team will take a 70 percent wage cut to ensure rest of the employees at the …

Barcelona to reduce player wages to ‘minimize economic impact’ caused by coronavirus
4 years, 9 months ago

Barcelona to reduce player wages to ‘minimize economic impact’ caused by coronavirus

CNN  

CNN — Barcelona has announced its players and staff will take temporary wage cuts as the club grapples with the economic impact of the coronavirus pandemic. Due to the impact of the novel coronavirus on Barcelona’s revenue streams, the club says it will “implement a series of measures to mitigate its effects and reduce the economic effects.” That included reducing …

Lockdown: Barcelona may cut player wages by upto 70%
4 years, 9 months ago

Lockdown: Barcelona may cut player wages by upto 70%

The Hindu  

Due to the coronavirus lockdown in Spain, renowned football club Barcelona is considering a pay cut of up to 70 per cent for all the footballers. The cut is likely to affect both the men’s and women’s football teams, the B team, the Under-19 team along with the support staff, according to a report in The Guardian. The report further …

COVID-19: Bayern Munich, other Bundesliga clubs, take pay cut
4 years, 9 months ago

COVID-19: Bayern Munich, other Bundesliga clubs, take pay cut

The Hindu  

Footballers at Germany's top teams including Bayern Munich have agreed to take pay cuts to help clubs survive the economic impact of the coronavirus, media reports said on Tuesday. Newspaper Bild reports that players and club officials at champion Bayern, which was top of the Bundesliga when the season was halted on March 13, have accepted a 20 percent cut …

Bundesliga: Monchengladbach players accept pay-cuts during coronavirus pandemic
4 years, 9 months ago

Bundesliga: Monchengladbach players accept pay-cuts during coronavirus pandemic

India TV News  

Players from German soccer club Borussia Mönchengladbach have accepted pay cuts during the coronavirus pandemic. Gladbach sporting director Max Eberl says the players approached the club with an offer of voluntary pay cuts, and the coaching staff, directors and executives have joined in. A clear signal: we are standing together for Borussia in good and bad times.” Gladbach is fourth …

Neymar accepts pay-cut in 'verbal agreement' with Barcelona: Report – Firstpost
5 years, 6 months ago

Neymar accepts pay-cut in 'verbal agreement' with Barcelona: Report – Firstpost

Firstpost  

As per Barcelona based newspaper Sport, Neymar is ready to take a 12 million euros paycut and drop his lawsuit against Barcelona to rejoin the Catalans from PSG. Madrid: Neymar is ready to cut his salary by 12 million euros to leave Paris Saint-Germain as part of a “verbal agreement” reached between the Brazilian and Barcelona, according to reports in …

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