30 C
Accra
Wednesday, January 20, 2021
No menu items!

Barcelona to save 122m euros as players agree to wage cut

Must Read

Sibusiso Moyo: Zimbabwe foreign minister dies from Covid-19

Zimbabwe's Foreign Minister Sibusiso Moyo has died after succumbing to Covid-19, the government says. Born in 1960, the former army...

Morocco named new hosts of 2022 Africa Women Cup of Nations

Morocco has been named as new hosts for the 2022 Africa Women Cup of Nations, the Confederation of African...

Burna Boy song in Biden’s inauguration playlist

A Nigerian artist has featured in the official playlist for President-Elect Joe Biden's inauguration. Burna Boy's song titled Destiny will...

Barcelona’s players have agreed to wage cuts that will save the Spanish club 122m euros (£110m).

The 26-time La Liga champions have also agreed with their players to have about €50m (£45m) of variable payments deferred over a three-year period.

Their last accounts showed a 97m euros (£87m) loss while the net debt more than doubled to 488m euros (£438m).

“[This] will be a milestone of great importance to redirect the current economic situation,” the club said.

In March, Barcelona’s players agreed to take a 70% pay cut during the coronavirus pandemic and make additional contributions to ensure non-sporting staff received full wages.

SourceBBC Sport

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Sibusiso Moyo: Zimbabwe foreign minister dies from Covid-19

Zimbabwe's Foreign Minister Sibusiso Moyo has died after succumbing to Covid-19, the government says. Born in 1960, the former army...

Morocco named new hosts of 2022 Africa Women Cup of Nations

Morocco has been named as new hosts for the 2022 Africa Women Cup of Nations, the Confederation of African Football (CAF) has announced. This was...

Burna Boy song in Biden’s inauguration playlist

A Nigerian artist has featured in the official playlist for President-Elect Joe Biden's inauguration. Burna Boy's song titled Destiny will feature alongside other big international...

20th January, 2021

The Daily Graphic welcomes the partnership between UNESCO, Ghana Education Service and the Ministry of Communications in an effort to eliminate bullying as schools...

Rawlings’ family demand for body to be interred in Anlo

The family of the late President Jerry John Rawlings has demanded his mortal remains to be interred in Anlo in the Volta Region. According to...

More Articles Like This