Published 14:15 IST, April 9th 2020
Barcelona furlough non-playing staff despite Lionel Messi and team agreeing to pay cuts
Spanish giants FC Barcelona have furloughed the club’s non-playing staff amid the coronavirus lockdown despite the club players agreeing to the pay cut policy.
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Spanish giants FC Barcelona have furloughed club’s n-playing staff amid coronavirus lockdown. A vast majority of LaLiga clubs have suffered huge financial losses due to suspension of competition since March. Spain remains one of worst-affected countries by spre of pandemic and remains under complete lockdown.
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Barcelona furlough staff amid financial crisis
According to Spanish outlet El Mundo, Barcelona were alrey under extreme financial distress before coronavirus lockdown. club have w lost on revenue due to closing down of merchandise stores as well as club museum. Barcelona have subscribed to Spanish government’s ERTE scheme that seeks state aid in paying off workers who have been laid off by club.
Barcelona furlough staff: Barcelona pay cut to pay n-playing staff
club’s decision to furlough staff has come despite team’s agreement to accept Barcelona pay cut policy. Although earlier reports suggested that players were unwilling to accept Barcelona pay cut, later reports confirmed that players agreed to Barcelona pay cut policy without much consideration. Lionel Messi also openly anunced that y h qualms in agreeing to Barcelona pay cut.
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Barcelona furlough staff: Club unlikely to achieve financial targets
Barcelona were reportedly struggling with finances since start of season. However, y were still expecting to reach $1 billion revenue mark. club have suffered heavy losses after ir expensive transfers over past two years. Major signings such as that of Ousmane Dembele, Philippe Coutinho and Antoine Griezmann have failed to provide financial uplift that club expected after departure of Neymar.
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Barcelona furlough staff: Neymar deal might fall through
re have been reports suggesting that Barcelona are looking to rope in Paris Saint-Germain (PSG) star Neymar. However, an El Mundo report suggests that financial stress is likely to hamper any possible attempt to sign Brazilian international. Ar report claims that Barcelona might persue PSG to agree to a Neymar-Antoine Griezmann swap deal.
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14:15 IST, April 9th 2020