Barcelona star Lionel Messi could lose nearly $50 million in take-home pay after he and his teammates agreed to take a 70% pay cut to help their club control costs while sports are shut down because of the coronavirus pandemic. "This additional contribution by the team, plus the contribution from the club itself, will guarantee 100 per cent of the salaries of all non-sporting staff, who will be subjected to temporary redundancy this week". We are the first to have always helped the club whenever it has been asked of us. Indeed, we have often done so on our own initiative in those moments in which we have considered it important or necessary.
"We resisted speaking until now because our priority was to find real solutions to help the club, but also those who were going to be more affected by this situation".
There was optimism initially that a deal could be struck but things went quiet while other clubs announced pay cuts and reports emerged saying the players had refused the pay cuts.
"The time has come to announce that, apart from the reduction of 70 per cent of our salary during the state of alarm, we are going to make contributions as well so that club employees can collect 100 per cent of their salary for the duration of this situation", Messi wrote on Instagram.
The club's board of directors is now working to invoke the ERTE, or temporary employment measures, which will suspend the players' labor contracts.
It didn't surprise us that inside the club there are some trying to put us under the microscope and pressure us into doing something that we were always clear we would do.
"The FC Barcelona Board of Directors, the members of all of the professional sports teams and most of the basketball team have reached an agreement for a reduction in their salaries during the period of the state of alarm due to Covid-19", a club statement read.
Captain Lionel Messi said the move was delayed as the players were "looking for a formula to help the club".
Italian soccer club Juventus announced that it had reached an agreement with its players and coaches to implement a wage cut while Serie A play is indefinitely shut down because of the coronavirus pandemic. There is also uncertainty about how much they will make in prize money and television money this season, with football across Europe suspended. It added the club would also be contributing to the salaries of other workers. Just yesterday, Atlético Madrid in Spain'sLa Liga announced wage reductions.
Spain has been one of the hardest-hit nations by the pandemic. The latest figures released on Monday revealed there have been 85,195 infections in the country and 7,300 deaths.
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