Ronald Koeman agrees to take a pay-cut on his £10m Barcelona salary to help save the club from financial ruin… and ‘will tell his players about it TODAY in the hope they will do the same’
- Barcelona are still in financial turmoil and need to save £170million in wages
- LaLiga last week imposed a wage cap of £342m on the club, down from £601m
- Manager Ronald Koeman and his technical staff have agreed to slash their wages
- Top earners like Lionel Messi and Antoine Griezmann are yet to agree to a cut
- Koeman is keen to put issue to bed so players can focus on matters on the pitch
Barcelona boss Ronald Koeman has agreed to take a pay-cut on his whopping £10m-a-year salary and will communicate to his team later today that he hopes they all follow suit.
The Spanish giants have faced months of talks regarding wage cuts and deferrals amid financial turmoil at the club, with Barca needing to slash £170m due to the effects felt from the coronavirus crisis.
While some players – such as Gerard Pique and Frenkie de Jong – have agreed to 30 per cent wage deferrals, top earners like Lionel Messi have not as of yet. But the club’s manager and his technical staff have now informed interim president Carles Tusquets of their decision to take a cut, according to Spanish outlet Mundo Deportivo.
Ronald Koeman (left) has agreed to take a pay-cut yet top earner Lionel Messi has not as of yet
Antoine Griezmann and Philippe Coutinho are two high earners also yet to agree to salary cuts
BARCA’S BIG EARNERS
- Lionel Messi – £500,000 per week (£26m per year)
- Antoine Griezmann – £294,000-a-week (£15.3m per year)
- Gerard Pique – £220,000-a-week (£11.4m per year)
- Philippe Coutinho – £180,000-a-week (£9.4m per year)
- Jordi Alba – £170,000-a-week (£8.8m per year)
- Sergio Busquets- £170,000-a-week (£8.8m per year)
The report details that Koeman will talk to his squad later today and though he won’t impose anything on his players, will inform them that the final decision regarding their salaries is in their hands and will encourage them to deal with the matter swiftly.
Last week, Barcelona’s wage cap was reduced from £601million to £342m by LaLiga in the wake of the financial pressures caused by the Covid-19 pandemic.
Barcelona’s player wages took up around 61 per cent of the club’s £940m income before the coronavirus pandemic took hold, meaning their current wage bill stands at around £573m.
Barca’s latest figures showed the club had made an £88m loss and had racked up a net debt that had doubled to £440m.
LaLiga president Javier Tebas said the cuts were necessary to bring down the ‘excessive spending’ of Spanish clubs, given supporters are still unable to attend matches.
Barcelona are yet to agree on squad-wide wage reductions after players agreed to a 70 per cent cut in March.
Captain Lionel Messi the current highest earner at the club as he pockets around £500,000 per week (£26m per year) while Antoine Griezmann takes in around £249,000-a-week (£15.3m) and Philippe Coutinho £180,000-a-week (£9.4m).
Executives are confident a deal can be reached with first-team stars to save the club £170m
The feeling, according to Mundo, around the club is that salary-cuts are closer to being a reality, though talks are ongoing between the club’s board and player’s representatives.
Some believe negotiations should not be concluded until the outcome of upcoming presidential elections, with the result due in mid-January.
Koeman himself is keen to put the issue to bed so the players can focus solely on matters on the pitch, following an indifferent start to the season.
Along with De Jong and Pique, centre back Clement Lenglet is another first-team player to have agreed a 30 per cent wage deferral until next season.
Frenkie De Jong (left) and Gerard Pique are two of four players to have agreed to pay deferrals
Koeman was aware of the financial struggles of the club when he took charge after replacing Quique Setien in the summer.
The fact that targets such as Eric Garcia and Memphis Depay did not materialise into signings was further proof of the club’s financial black hole.
Though Barca have comfortably qualified for the knockout-stages of the Champions League, they are lying in a lowly 13th in LaLiga, having won just three of their eight games so far.