Atletico Madrid, the sixth Spanish football league, agreed today to reduce their salaries by 70 percent in order to help the club bear the economic consequences due to the interruption of football activity due to the emerging Corona virus.
Atletico Madrid, the second pole of the capital, said in a statement that "the club will reduce the salaries of the technical staff and players of the first team for men, the first team for women and the reserve team as long as the state of emergency persists." Atletico announced last week its intention to reduce the salaries of its players.
And imposes Spain, the second European country most affected by the spread of the Corona pandemic with more than 10 thousand deaths, the most stringent isolation measures in the old continent since mid-March and will continue until April 11 this year.
The club explained that Atlético players will also contribute to the salaries of 430 other employees of the club, whose salaries have also been reduced, as part of a procedure that allows employers to suspend contracts or reduce working time, and thus reduce employee salaries.
The leaders and champions, Barcelona, announced on Monday a similar decision for players who decided to reduce their salaries by 70 percent as long as the state of emergency was in effect, in a measure that would allow him to provide 14 million euros, according to estimates of the Catalan club.