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Barcelona fail to agree on wage cut with players

Wed 11 November 2020 | 15:21

Barcelona failed to reach an agreement with their players over wage deduction.

 

As reported, the club has extended the deadline on imposing a wage deduction on their squad by one week after negotiations failed.

As the talks continue into Wednesday containing two main points: the players believe the deduction shouldn't be the same for each player and instead, it should be listed, while they also do not understand why the club’s B team players' wages get cut but not the basketball players.

The report says that there is now an urgent need that the Catalan giants must severely reduce costs or face bankruptcy by January, with a new wage bill reduction of 30 percent.

The club recently agreed with Gerard Pique's contract extensions to 2024, while goalkeeper Marc-Andre Ter Stegen has penned a deal until 2025, while both Clement Lenglet and Frenkie de Jong have prolonged their position until 2026.

These deals held a temporary salary payment– which shows that the four have agreed to reduce salaries in the short-term but will be refunded with a better deal in the long-term.

While the club’s first-team players have been reduced this year, with a €80m off the wage bill, there is still a worrying financial vision for the club.


source: SportMob