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Barcelona stars agree wage cuts to save cash-strapped club £110m
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dailystar.co.ukBarcelona squad have agreed to take wage cuts which will save the Catalan giants €122m (£110m), with the club suffering badly as a result of the ongoing coronavirus pandemic.
Under the agreement, Barcelona's players will also have around €50m (£45m) of variable payments deferred across three years.The club's last set of accounts, published in October, revealed they had made a €97m (£87m) loss, with their net debt reaching €488m (£438m).The financial report outlined the damage caused by the pandemic, saying: "The club suffered financially from the consequences of games being played behind closed doors, as well as the total cancellation of the basketball Euro League, and hence there was a considerable loss of income."The lack of tourists and.
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