Notice: Undefined offset: 1 in /home/digit572/adidasblog.com/wp-content/themes/jnews/class/ContentTag.php on line 86
Notice: Undefined offset: 1 in /home/digit572/adidasblog.com/wp-content/themes/jnews/class/ContentTag.php on line 86
[ad_1]
Barcelona ‘FAIL to pay Lionel Messi and the remainder of the squad their full wages for the second half of 2020’ regardless of gamers agreeing wage cuts value £109MILLION… because the cash-strapped Catalans battle rising money owed amid the Covid-19 pandemic
- Barcelona have struggled to deal with the results of the coronavirus pandemic
- The Spanish giants solely agreed pay cuts with all of their gamers in November
- It additionally emerged this week how a lot Barca nonetheless have left to pay for previous transfers
- However information of missed wage funds final month is but extra trigger for concern
Barcelona didn’t pay any of their first-team gamers in December and worry additional missed funds as the results of coronavirus proceed to chew, based on studies in Spain.
On Monday it emerged that the Spanish giants nonetheless owe 19 golf equipment £112million (€126m) in switch charges.
However the overlook now seems a lot bleaker with Spanish media reporting that Barcelona’s monetary scenario is ‘extraordinarily delicate’.
Lionel Messi was amongst a bunch of first-team gamers to agree a pay reduce in November
Experiences in Spain declare the Spanish giants didn’t pay their gamers in December
Radio station Cadena COPE additionally declare that each one of Barcelona’s gamers weren’t paid their wages final month though the shortfall is anticipated to be made up in February.
It’s reported that the squad often will get their wage in two funds – one in June and one other in December.
Barcelona have struggled to manage financially for the reason that pandemic struck European soccer final March.
December’s cost is anticipated to be made in February however the outlook is ‘extraordinarily bleak’
Whereas different golf equipment agreed cost deferrals with gamers earlier within the yr, Barcelona solely managed to take action for all of their first group on the finish of November.
It was estimated that such wage cuts would assist save the membership £109m though they’d hoped for that determine to be nearer to £170m.
Gerard Pique and Frenkie de Jong had been amongst these to take pay cuts in Spring final yr however star names akin to Lionel Messi, whose wage is £500,000 every week (£26m a yr) solely agreed to diminished phrases in November.
Supervisor Ronald Koeman additionally took a hefty lower to his £10m-a-year wage.
Barcelona boss Ronald Koeman took a hefty pay lower to his £10million-a-year wage
Information of Barcelona failing to pay gamers for final month follows the discharge of the membership’s annual monetary report, which reveals an enormous excellent switch debt.
The very best portion pertains to the £25m the membership owes Liverpool for Philippe Coutinho.
Regardless of the deal now being three years previous, Barcelona nonetheless have not coated the general switch price of £142m.
Barcelona nonetheless owe Liverpool £25m for the switch of Philippe Coutinho in January 2018
The membership’s fragile monetary state was additionally introduced into focus final week when El Confidencial reported that Barcelona had requested a lot of main banks to delay debt repayments to assist the membership’s instant money circulate.
It was claimed that Barcelona requested Goldman Sachs, Allianz, Barings, Amundi and Prudential give them extra time to pay excellent repayments.
In an additional blow, it was additionally reported that the membership have a adverse working capital of £535m, which is principally right down to an enormous lower in revenues brought on by taking part in behind closed doorways for many of final yr whereas persevering with to pay excessive wages.
Commercial
[ad_2]
Source link