Football and
basketball teams will lose up to 20% of wagesToni Kroos had said pay cuts ‘like empty donation to club’Coronavirus – latest updates | See all our coronavirus coverageReal Madrid have become the latest Spanish club to apply pay cuts to alleviate the economic impact of the coronavirus crisis.
The players and coaching staff of the football and basketball teams have joined executives in other departments in lowering their salaries by up to 20% in order to ensure that non-sporting employees are not affected and to help the club. The cuts were “voluntary”, a statement said – in contrast to those at
Barcelona, Alavés and Atlético, which used the government’s ERTE scheme to unilaterally impose temporary reductions.