Madrid also considering reducing players' wages

Madrid also considering reducing players' wages

Florentino Pérez: ’’El Real Madrid nunca se rinde’’ / | PERFORM.

Barcelona players have agreed to take a 70 percent cut during the pandemic

According to El Pais, Real Madrid are contemplating following Barcelona's lead and reducing the wages of their playing staff during the Covid-19 pandemic. 

Barça's players confirmed on Monday that they had reached an agreement with the club to drop their salaries by 70 percent during the crisis, while they also said they would contribute to make sure no non-sporting staff saw their wages hit. 

Madrid had not initially sought to take similar measures. The report in El Pais said president Florentino Perez spoke with Sergio Ramos to say there would be no cuts but they could now change direction

With no money from ticketing and the risk of further losses to come from television rights and competition prize money, Perez is studying if action will be necessary. 

Los Blancos hope that the cuts will not have to be affected to non-sporting staff and are also not currently planning to use labour legislation known as an ERTE to force through the reductions.

Instead, they hope that they can reach an agreement with the playing staff -- or the basketball team as well -- to take a temporary hit to their wages as the State of Emergency continues in Spain. 

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