Real Madrid players will take 10-20% less Salary!

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Real Madrid players will take 10-20% less pay.

Almost all of Europe's giants have opted for pay cuts to cope with the financial crisis triggered by the coronavirus outbreak. This time, world's richest football club, Real Madrid has added to the list . All players and coaching staff on the team have agreed to a 10 percent discount on salary. But if the 2019-20 season is no longer on the field, the discount will be 20 percent.

The two sides reached the conclusion following a discussion by captain Sergio Ramos with Real General Director Anhell Sanchez. Real made a statement Wednesday, agreeing to take 10 to 20 percent less pay. After negotiations with the coaches and captains of Real Madrid's football and basketball team with the main director, it has decided to less the salary by 10 to 20 percent.

All sorts of football has closed for a long time, and all the way to the club's commercial income is now closed. So in order to handle the financial crunch, the clubs are choosing this way to meet the demands of the situation. Real Madrid players are essentially giving away other employees of the club to meet the financial crisis. Not only the football team, but also the club's basketball team have voluntarily agreed to lower the salary.

Earlier,two other La Liga giants, players from Barcelona and Atletico Madrid, , have announced a discount.However, Their discount rate is 70 percent. The Italian champions Juventus will not pay any salary for the next four months. In addition, several teams in the Bundas Liga have announced to lower salary.

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