Barca reach deal to lower wages ensuing from impact of COVID-19

Barca reach deal to lower wages ensuing from impact of COVID-19

BARCELONA (Reuters) – Barcelona have faith reached an agreement with representatives of their avid gamers and teaching workers to posthaste lower salaries and prolong bonuses ensuing from the financial impact of the COVID-19 pandemic, the membership talked about on Friday.

The Liga membership talked about it expected to place spherical 172 million euros (154.60 million pounds), with 122 million from reductions to mounted wages this season and an additional 50 million euros by the deferral of bonuses for three years.

    “This precept of agreement is pending ratification within the arrival days by the neighborhood of avid gamers and technical workers affected,” the membership talked about in a assertion here on their net space. 

“The agreement, if it is ratified, will signify a milestone of colossal importance in redirecting the current financial discipline.”

Final month Barca posted a file lack of 97 million euros after tax for the 2019/20 financial yr and a 14% revenue fall and talked about the membership used to be braced for a a lot bigger fall this season.

Barcelona imposed a non everlasting pay lower of 70% earlier this yr lasting the length of the nationwide instruct of wretchedness, which began in March and ended in June.

(1 British pound = 1.1126 euros)

Reporting by Philip O’Connor; Bettering by Ken Ferris

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