Football: Atletico and Espanyol join Barcelona in cutting wages but Valladolid holding out

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MADRID (REUTERS) - Atletico Madrid have taken the decision to cut the wages of their staff, including the players, to ease the financial burden on the club as they struggle with the economic impact of the coronavirus pandemic, the La Liga club said on Friday (March 27).. Read more at straitstimes.com.

MADRID – Espanyol and Atletico Madrid on Friday followed Barcelona in announcing that they will apply temporary pay cuts to their players as a result of the economic impact of the coronovirus pandemic.

Barcelona had been unable to reach an agreement with their players, despite their willingness to negotiate a reduction. The city’s other club, Espanyol, announced that they would apply cuts but said those would apply to sporting staff only: from the men’s and women’s first teams to the B team and the two Under-19 sides.

They are prepared, Espanyol have said, “to each an amicable agreement with the club without having to take more drastic measures”.

 

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