Real Madrid's first team will take pay cuts of between 10 and 20 per cent to compensate for the club's loss of income during the coronavirus pandemic, the Merengue confirmed on Wednesday.
La Liga has been halted since March, with no clear indication as of yet when the league will be able to resume as Spain finds itself one of the worst-hit countries in Europe from the disease.
And while the situation continues, both Madrid's football and basketball teams will collaborate with wage reductions.
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"The players and coaches of Real Madrid's football and basketball first teams, led by their captains, and together with the principal club directors have agreed to voluntarily lower their wages for this year between 10 and 20 per cent, due to the circumstances that may affect the close of the current 2019-20 sporting season," the club explained in a statement.