HomeSoccerAtletico Madrid Players And Staff Agree To Take Massive...

Atletico Madrid Players And Staff Agree To Take Massive 70 % Wage Cut

- Advertisement -

According to the reports published in one of the standard sports outlets, ESPN, Atletico Madrid players and their gaffer, Diego Simeone has accepted to take a pay cut in order to help the club during the coronavirus crisis.

Rojiblancos have accepted a pay cut of around 70 percent to reduce the impact of the virus on the club and its footballing projects.

- Advertisement -

As per the reports, the Spanish outfit released a statement on Thursday in which it intended to cut the wages of the players. Also, they announced that the club will be presenting an ERTE to La Liga’s body and get the official nod for the same.

The club also revealed that due to ERTE, the first-team and club directors taking a big pay cut will help the board to supplement the wages and salaries of around 430 individual staff.  Among the pay cut collected, both the players and the board will be sharing the burden equally.

Waged Workers Of The Club Express Gratitude

Among the countries fighting the pandemic, Spain is the second-worst affected country. Italy stands first in the list of countries affected badly in Europe due to novel coronavirus and the death toll in Spain has raised to 11,200 after more than 1000 people died in less than 24 hours.

Spain is the second-worst affected country (Image Credits: Sun.co.uk)

On the other hand, the staff and other waged workers of the club expressed gratitude to the players and Diego Simeone who have taken a pay cut to help them out in the time of crisis.

And a source close to the manager stated that he himself was motivated to help the staff who have worked meticulously for the success of the club over his eight years tenure at Wanda Metropolitano.

Diego Simeone Is The Best-Paid gaffer

Atletico Madrid
Diego Simeone is set to lose £ 22.6 million due to 70 percent wage cut due to coronavirus pandemic.

Diego Simeone is the best-paid gaffer in football as he earns an annual salary of around €42 million (which is equivalent to 3.2 billion rupees) However, amid the crisis, the step is considered as one of the best moves as it would help the club financially as Atletico Madrid have a net debt of around €522 million. 

Pay cuts have been mooted across the sporting leagues and governing bodies. English Premier League players have yet to agree to a wage decrease with the Professional Footballers’ Association (PFA) urging them to contact the players’ governing body first.

With most of the football and sports across the world either being suspended or cancelled, every football fan will be hoping to get the crisis resolved as immediately as possible and see the games back into the action.

Atletico Madrid

Club Atlético de Madrid, commonly referred to as Atlético de Madrid or simply as Atlético or Atleti, is a Spanish professional football club based in Madrid.

The Club play in the Spanish La Liga. The club play their home games at the Metropolitano Stadium, which has a capacity of 68,456.

La Liga

La Liga is the men’s top professional football division of the Spanish football league system. Currently, i.e. 2019-20 season of La Liga, is the 89th season of the tournament, which began in 1929.

Barcelona in the current champion of the league, while Real Madrid has won the league most, with 33 titles in their kitty.

Follow Kyrosports on Facebook for further updates.

- Advertisement -

15 Highly Educated Cricketers Of All Time

Cricket is a game of passion and dedication. A sport in which one involves themselves in camps and practice since early childhood. Due to...

Do we often under-appreciate Andy Flower? What’s his legacy?

There's a hint of sadness in noting that Zimbabwe has never been a dominant power in world cricket. But nothing could be sadder than...

Why are more and more MotoGP riders using the Noson nasal dilator?

Introduction MotoGP riders or athletes are physically fit and healthy individuals and their muscles are continuously functioning and used during the performance. As a fan...

How Come UFC Fighters Have Cauliflower Ears But Boxers Don’t?

The UFC has come a long way since its early days, wherein the fights seemed like modern-day gladiators due to its brutality and inconsistent...

5 spinners who can be India’s potential finger-spinners

The Indian cricket team has always been proud of its ability to produce world-class batsmen and similarly potent spinners. Though in recent times, the...

IPL 2018: The beautiful Sawai Mansingh Stadium, Jaipur

Being seated in the Sawai Mansingh stadium brings a different world, a world of difference away from the palpable excitement of watching truly India’s...

Top 5 Left Wingers In The World, Based On 2019-20 Season

Owing to the fact that football has evolved a lot since its inception and the tactics have changed a lot, the role of wingers...

The astonishing decline of Mario Balotelli

There was a time when Mario Balotelli was on top of the world.  The Italian talisman had scored two goals in the Euro 2012 semi-finals,...

What can be expected from the 2018 Azerbaijan Grand Prix?

Heat in the air and heat inside the car- that's been the story of the Azerbaijan Grand prix. As F1 parks itself at Baku...

How Suresh Raina Batted India Into The Finals of 2011 World Cup

Its been 9 years, since India won the Cricket World Cup defeating Sri Lanka on 2 April, 2011. The images and visuals of...

IPL 2018: The best from the West Indies

When one of nature's treacherous attacks on mankind- earthquakes- strike, their impact is measured on Richter's scale. When West Indians strike in a tournament...

Big change for India Women’s cricket as BCCI looks to finalise bowling coach soon

We are not even at the halfway stage of the 2018 cricketing season. It clearly seems there's no stopping India's women's cricket team. The...

Age Fraud in Indian Cricket: Are players really to be blamed?

There have been times while watching a cricket match when we tend to hear commentators comment on cricketers’ age. We as fans have many...

Ajax XI if they didn’t sell their star players

Based in Amsterdam, AFC Ajax, who incidentally draw their name from the legendary Greek hero of the same name, are the most successful club...

5 famous players to play for both Leeds United and Liverpool

Leeds United are back in the Premier League after 16 years and will play Liverpool at Anfield on Saturday in their very first match...

- Advertisement -

- Advertisement -