Real Madrid players and coaches take voluntary pay cuts

Ross Houston
April 9, 2020

While several La Liga clubs, including Barcelona and Atletico Madrid, have reached agreements with players to temporarily reduce salaries by 70 percent as they seek to protect themselves from the financial impact of COVID-19, Real Madrid are yet to take any action.

But if the season can not be completed the reduction in wages will be 20 per cent. It said the decision would save having to cut the wages of other employees.

"The players and coaches of Real Madrid's football and basketball first teams, led by their captains, and together with the principal club directors have agreed to voluntarily lower their wages for this year between 10 and 20 per cent, due to the circumstances that may affect the close of the current 2019-20 sporting season", the club explained in a statement. "Waiving salary is like an empty donation or to the club", he told the German radio station SWR.

The AS report claims that Arsenal and Manchester United are the two clubs most interested in signing Gelabert, while Barcelona, Lyon, Borussia Dortmund, Real Zaragoza and Real Valladolid are also keen. "I think it's even better to get the full salary and then do the right thing with it".

"I don't think it's necessary here", Kroos added.

"Many clubs already don't have the income they planned to have, and there are many clubs who need that money", Kroos said when asked about the effects of the enforced break on football.

After he struggled to make much progression over the weekend, the talks continued on Monday and the club agreed that pay cuts had to be introduced. It also depends on how long everything is halted.

"It's questionable whether some sums of money can be paid". "If, for example, the game returns in May, I'm sure solutions will be found".

Arsenal are reportedly "one step ahead" of other clubs in the race to sign Real Madrid attacker Cesar Gelabert this summer, according to Spanish newspaper AS.

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