Barcelona confirm players have accepted new Covid-19 salary adjustments

FC Barcelona released a statement on Friday informing that they have reached an agreement with the players over salary adjustments for the coming season due to the coronavirus pandemic. 

The adjustment will save the club around €122 million in fixed remuneration this season and another €50m in varaibales. 

Barça also said that the agreement is "pending ratification" from the players in the coming days. 

Here is the statement:

"The representatives of the club and the players that make up the negotiation table for FC Barcelona salary adjustments, aware of the great interest and concern with which all of Barcelona follow the work of this commission, make this joint statement public to inform of the following:

"1. Today, the parties have reached an agreement in principle that allows an adjustment to salaries for the current season, for an amount of 122 million euros fixed remuneration, to which is added the deferral for 3 years of variable remuneration from this season, budgeted at an approximate figure of 50 million euros.

"This principle of agreement is pending ratification in the coming days by the group of players and coaches affected.

"The agreement, if it is ratified, will be a milestone of great importance to redirect the current economic situation.

"That both parties recognise the great effort that has had to be made to reach this principle of agreement and congratulate themselves for it."