Coronavirus pandemic: Atletico Madrid consider pay cuts to help club through crisis

Most sporting events all across world have been affected by coronavirus pandemic. Amid crisis, LaLiga giants Atletico Madrid are considering pay cuts for coaching staff and players due to coronavirus pandemic. financial plan designed by Atletico Madrid has been blown out of water as y prepare to combat this unexpected situation. 

Coronavirus pandemic: Why Atletico Madrid are in big trouble?

If season is unable to finish as planned, Atletico Madrid will reportedly face a huge issue with ir finances. budget for Atletico Madrid currently exceeds €500 million and at this point in time, it's a great cause of concern for LaLiga outfit. With fans buying tickets and  loss of sales, cash inflow at Atletico Madrid is at its bare minimum. 

ALSO READ: Chelsea Transfer News: Blues Considering Move For West Ham United's Declan Rice

Coronavirus pandemic: Atletico Madrid looking for solutions

LaLiga outfit has been hit with a massive blow by  coronavirus pandemic and Atleti are planning rigorously to avoid any furr setbacks. One option that club are considering is cut in ws of coaching staff as well as  players. salaries of players and coaching staff account for around €350 million of budget and Spanish giants are keen to save on funds through lacerating payments. 

ALSO READ: Stay At Home Challenge: UFC Superstar Darren Till Mocks Latest Jesse Lingard Video

Coronavirus pandemic: Coronavirus in Spain

Needless to say, board members at Atletico Madrid will be hoping to resolve issue caused by coronavirus pandemic with minimal impact with an eye on financial viability of club. pay cut from players and coaching staff could help around 500 furr employees at club, who cant complete ir work due to coronavirus in Spain situation.

ALSO READ: Coronavirus Pandemic: Aston Villa Goalkeeper Pepe Reina Shows Worrying COVID-19 Symptoms

Coronavirus pandemic: LaLiga return date

coronavirus in Spain situation is worsening as plague has claimed lives of over 4,000 people across country.  LaLiga has been suspended for an indefinite period of time and it is difficult to see an answer to question regarding LaLiga return date. number of fatalities due to coronavirus in Spain is only behind Italy amongst all nations worldwide.

ALSO READ: Coronavirus Lockdown: Leicester City Star Jamie Vardy Performs Hilarious Worm Move