Barcelona boss, stars agree to take pay cut

Ronald Koeman has admitted that he has no idea whether Lionel Messi will leave Barcelona next summer and said that it is not his job to persuade the Argentine to stay.

Barcelona manager Ronald Koeman has agreed to take a pay cut on his massive £ 10 million a year salary and his team will follow suit.

The Spanish giants have faced months of talks about pay cuts and postponements amid financial turmoil at the club, and Barça must cut £ 170 million due to the effects of the coronavirus crisis.

The club reached an agreement with its players to cut salaries by 122 million euros over the next three years, but will still pay around 50 million euros per season during that period in salary packages.

The club has been forced to cut its budget after LaLiga imposed a lower salary cap on them last week.

The president of the League, Javier Tebas, enforced measures to curb overspending and fans are still unable to enter stadiums amid the COVID-19 pandemic.

After negotiating over a period of weeks with key figures such as Lionel Messi, Antoine Griezmann and coach Ronald Koeman, Barça were able to confirm a plan for the foreseeable future that will see them cut their bills.

“Today the parties have reached an agreement in principle that allows a salary adjustment for this season,” the club confirmed in a statement on Friday.

“[This is] for an amount of 122 million euros [in] fixed remuneration, in addition to the postponement of three years of variable remuneration this season [onward], budgeted at an approximate figure of 50 million euros ”.

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