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If players do not give up 30 percent of their salary, Barcelona faces bankruptcy

The economic situation in Barcelona is critical due to the coronavirus pandemic and high player salaries. According to the Spanish media, the Catalan big club is in danger of bankruptcy in January if footballers led by star Lionel Messi do not give up 30 percent of their salary, which would mean savings of 190 million euros (5.2 billion crowns).

According to the daily AS, the players do not agree with the reduction of salaries, but their lawyers have already started negotiations with the club’s representatives on Friday. Tuesday’s resignation of unpopular President Josep Maria Bartomeu and his entire leadership also helped to calm down the atmosphere.

However, according to the press, there is not much time left for negotiations. In order to save 190 million euros, an agreement to reduce the salary by 30% must be concluded by Thursday, 5 November.

Barcelona got into a financial crisis due to a coronavirus pandemic, during which its revenues fell dramatically due to a lack of funding from fans.

One of the most famous clubs in the world is not even successful on the field. He finished last season without winning a trophy and debaced 2: 8 in the quarterfinals of the Champions League with Bayern Munich, and it’s not much better in the new year either. On Saturday, the Spanish vice-champions only drew 1: 1 with outsider Alavés and are in the table with a gain of eight points from six matches to twelve.

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