Published 15:45 IST, March 27th 2020
Lionel Messi, Cristiano Ronaldo could get $20 million pay cut but still be highest-paid
Football stars Lionel Messi and Cristiano Ronaldo are likely to suffer losses of $20 million, but will still be the highest-paid football players in the world.
The suspension of major football leagues across Europe due to the coronavirus outbreak is likely to have a detrimental impact across many quarters. Football superstars such as Lionel Messi and Cristiano Ronaldo are set to suffer huge wage losses as clubs reel under pressure to deal with revenue loss. The highest-paid football players in Europe, therefore, could be forced to take pay cuts in the coming months.
Lionel Messi pay cut: Barcelona players decline pay-cut
Recently, there were reports suggesting that FC Barcelona were expecting first-team players to take a pay cut of 70% to help the club deal with the financial losses from the coronavirus lockdown. However, later reports suggested that the Barcelona players have denied the request from the club.
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Lionel Messi pay cut: Barcelona wage structure
According to Sports Intelligence, Barcelona are the richest club in the world. The Catalan giants average $12 million per year on a player. Before the suspension of LaLiga, Barcelona were already under revenue loss estimated at $37 million. The club spends about $858 million, of which $600 million is spent on players’ wages alone.
Lionel Messi pay cut: Barcelona captain tops the list for highest-paid football players
However, a recent report suggests that even if Lionel Messi takes a pay cut, he would still be the highest-paid football player in the world. The Argentine international earns an astonishing $145 million annually. It is reported that after the pay cut, he would still earn more than any other player in the world, except his arch-rival Cristiano Ronaldo. Messi could earn an estimated $78 million annually through various brand endorsements.
Cristiano Ronaldo pay cut: Juventus star second among highest-paid football players
On the other hand, Juventus star Cristiano Ronaldo is facing a potential pay cut too. It is reported that Juventus, along with other Serie A clubs, are ideating on a plan to cut players’ wages by 30%. This means that the player is likely to suffer a loss of around $20 million. However, he could still manage to pocket $91 million this year in view of his brand endorsements. He is the second-highest-paid football star in Europe with an estimated annual earning of $130 million.
Cristiano Ronaldo pay cut: Neymar Jr occupies the third spot
According to L’Equipe, Paris Saint-Germain (PSG) are yet to decide on the pay cut. PSG star Neymar Jr is the third highest-paid football star in the world. The player earned $105 million last year, of which $75 million were in salary and bonuses. However, a wage cut could impact Neymar Jr more than Cristiano Ronaldo and Lionel Messi.
Updated 15:45 IST, March 27th 2020