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

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

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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.

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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:

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.

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