Live Soccer TV

Live Soccer TV App for iOS
Live Soccer TV App for Android
Real Madrid not considering pay cut for players

Report: Real Madrid not considering immediate pay cut for players amid coronavirus crisis

March 31, 2020 By Emmanuel K. Budu-Annor
Los Blancos are not aiming to slash the salaries of their stars despite the COVID-19 pandemic taking a toll on revenue generation.

La Liga giant Real Madrid is not considering the possibility of slashing the salaries of its players amid the coronavirus outbreak, a report from Spain has revealed. The Santiago Bernabeu outfit is said to be studying possible situations in order to minimize the possible impact of the economic difficulties presented by the pandemic.

The absence of football has taken a massive toll on revenue generation in leagues all over the world with the COVID-19 crisis still being managed. Top clubs in Spain, including Barcelona and Atletico Madrid, have already taken the initiative to lower the wages of their players and technical team members to ease the financial burden on them.

For Los Blaugrana, the playing and coaching bodies have been made to give up about 70 percent of their salaries during the hiatus - an arrangement that has sparked controversy among the affected parties. Relatively, Los Rojiblancos stars were also asked to abide to a compulsory wage reduction scheme, a decision the club's CEO Miguel Angel Gil described as "extremely difficult".

Meanwhile, Real Madrid is yet to join the two other top clubs in managing its economy by demanding for a pay cut from its stars. Although the club has players such as Eden Hazard and Gareth Bale whose weekly salaries sit in the region of £400,000, Marca has enough reason to stipulate that the club is financially sound and is not considering an immediate slash of the players' wages.

Per the Spanish publication's account, both the players and the Real Madrid hierarchy acknowledge the problem at hand and decision-makers will continue to analyze "everything that is happening in detail". The club's board is also yet to address the players.

Marca claims that any drop in salaries will not go beyond 10 percent should the need be.


Newsletter Signup »

Email: Why Signup?

Upcoming Top Matches »

Houston DashJul 17
10:00pm
Utah Royals
Washington SpiritJul 18
12:30pm
Sky Blue
OL ReignJul 18
10:00pm
Chicago Red Stars
Deportivo AlavésJul 19
3:00pm
Barcelona
LeganésJul 19
3:00pm
Real Madrid
Aston VillaJul 21
3:15pm
Arsenal
NWSL Challenge Cup: Semi Final 1
Manchester UnitedJul 22
1:00pm
West Ham United
LiverpoolJul 22
3:15pm
Chelsea
NWSL Challenge Cup: Semi Final 2
TV Schedules and Live Streaming Listings
Live Soccer TV App
Follow the game on the go
Download the Live Soccer TV App for
iPhone and Android
Live Soccer TV App for iOSLive Soccer TV App for Android