Real Madrid Players And Coaches Accept The Decision To Cut Down Their Wages

Real Madrid Players And Coaches Accept The Decision To Cut Down Their Wages


Real Madrid Players And Coaches Accept The Decision To Cut Down Their Wages

Real Madrid players and coaches have accepted the decision to cut down their wages between 10-20 percent during the hit down of novel coronavirus (COVID-19). Meanwhile the season remains suspended due to the coronavirus pandemic. The club say the measure has been taken in an effort to reduce the "traumatic measures that affect the rest of the workers".

A statement on Real's official website read: "The players and coaches of the first Real Madrid football and basketball squads, led by their captains, together with the main executives from the different directions of the club have voluntarily agreed to lower their remuneration for this year by between 10 and 20 per cent, depending on the circumstances that may affect the closure of this 2019-20 sports season.

"This decision, adopted by players, coaches and employees, avoids traumatic measures that affect the rest of the workers, in addition to contributing to the entity's economic objectives in view of the decrease in income that it suffers these months as a result of the suspension of competitions and the paralysis of a large part of its commercial activities."

La Liga has been suspended since the beginning of March and league president Javier Tebas has said football in Spain is unlikely to resume until the end of May at the earliest. The country has been in lockdown since March 14 and those measures will remain in place until at least April 26.
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