Atletico Madrid on Thursday became the latest high-profile European football club to impose salary cuts on first team players to help ease the financial pressures brought on by the coronavirus pandemic.
In a statement, the Spanish club said that the reduction, which will amount to 70 per cent, regards the "coaches and players of the men's first team, women's first team and Atletico Madrid B" for the duration of the crisis in Spain, which has been hit particularly hard by the spread of Covid-19.
Atletico had announced last week that they had asked labour authorities to slash player pay through a partial unemployment scheme.
Atletico added that an agreement with the first team will enable the club to supplement the salaries of the 430 staff put on partial unemployment.
"The first team will contribute half of the necessary amount and the members of the club's Management Committee, made up of the CEO and the directors of the different areas, the other half," the statement said.
On Monday, Lionel Messi announced that his Barcelona teammates had agreed to the same pay cut, and that they would also supplement the salaries of the club's employees. Messi also took a swipe at Barca bosses for their handling of the wage reduction process.
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Major clubs to impose pay cuts during coronavirus crisis
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Lionel Messi and his Barcelona teammates have agreed to take a pay cut as have Barcelona's basketball first team. AFP -
Juventus announced that all first-team players and manager Maurizio Sarri would take a one-third pay cut for the next four months. EPA -
Atletico Madrid confirmed that the first team and staff would be taking pay cuts to help the club continue to pay other workers during the lockdown. AFP -
Espanyol announced pay cuts for sporting staff, including the men's and women's first team, reserve teams and Under-19s. EPA -
Borussia Monchengladbach players have taken a wage cut after the players offered to forgo wages to help other workers at the club. "The team has offered to forgo salary if it can help the club and the employees," the club's managing director Stephan Schippers said. EPA -
Borussia Dortmund confirmed that the first team will "waive part of their salaries", the club announced. AP Photo -
Bayern Munich announced that the first team football squad would take a 20 per cent pay cut. Getty Images -
Union Berlin announced that their first team squad would go entirely without wages, although there was no timescale for how long. Reuters
