After failing to agree on a new wage cut, FC Barcelona’s management board has sent out a statement regarding the status of the salary negotiation between the club, representatives of the footballers and the corporate workers’ group.
After several days of intense meetings and the time frame to negotiate exhausted, the parties have ended the consultation period, without reaching an agreement
In this situation, it is up to the Management Board to adopt decisions to resolve the serious financial problem due to the Covid-19 pandemic, which causes a reduction in the Club’s income of more than 300 million euros for the 2020/21 season, and which requires to a salary adjustment of 191 million euros.
As admitted by the interim president Carles Tusquets, and former President Josep Bartomeu, Barcelona are facing difficult times financially, which meant that the club has had to take drastic action in order to reverse the financial situation
The players already took a 70% wage cut back in March, but due to the club’s massive debt, and the economical impact of the pandemic, the club has tried to make the players agree to a further wage cut.
The deadline for the players to respond to the club’s cut proposal is on the 23rd of November.