Netease Sports reported on October 7:
On Monday, Barcelona announced the club's financial report for the 2019-20 season, and the club lost 97 million
Due to the impact of the new crown virus epidemic last season, the Barcelona club’s operating income was only 855 million euros, far below the budget estimate of 1.047 billion euros, which also led to a huge loss of nearly 100 million euros for the Barcelona club. And Barcelona estimates that the club’s operating income will be further reduced to 791 million euros in the 2020-21 season, which means that Barcelona’s economic crisis will become more serious. In order to solve this problem, the Barcelona club hopes that all players and club staff will accept the new salary cuts.
According to “Aspen” and “Marca” reports, Barcelona has sent an open letter to all employees, proposing to revise their work contracts and reduce their salaries. The Barcelona club also asked the first team to send a player representative, this representative will participate in negotiations with other employee representatives of the club and discuss the issue of salary cuts. However, most of the Barcelona's first team players will then participate in the national team competition, so this player's negotiator has limited options.
After the outbreak of the new crown virus last season, the Barcelona first-team players have agreed to a 72% pay cut during the Spanish national emergency, but other Barcelona club employees continue to earn full salaries. But the current economic situation of the club continues to deteriorate, Barcelona has to ask for all pay cuts, and the players will cut their pay again.
However, the Spanish labor law stipulates that if the contract is required to be modified due to economic reasons, players and employees have the right to terminate the contract. This means that if Barcelona and the players sign a salary reduction contract, the player, like other employees of the club, has the right to terminate the contract with Barcelona and leave the team for free. In order to avoid this situation, the Barcelona club must have private talks with each player to reach an agreement to avoid contract termination while reducing pay.