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Urgent Measures To Save The Spanish Ball

The president of the Spanish Football League said, Javier Tebas, Spanish clubs will have no choice but to cut player salaries next season, due to the financial implications of the Corona pandemic.

The season has been suspended in Spain since March and despite expectations for the resumption of matches in June without fans.

The “La Liga” still expects the clubs together to incur losses of 300 million euros (326.07 million dollars) due to the declining revenue from the epidemic.

To face these huge losses, several clubs, including Barcelona and Atletico Madrid, have temporarily reduced the salaries of players and employees, but Tebas believes that further measures must be taken.

“The clubs will have to cut the salaries of their players. There is no other solution,” Tebas was quoted by the Spanish newspaper “AS” as saying.

Spanish clubs spent record amounts last year on the transfer market. Among them, Barcelona obtained the services of Antoine Griezmann for 120 million euros from Atletico Madrid, Who in turn spent 126 million euros to sign the Portuguese João Félix.

But Tibas said that the clubs will have to reduce their activity in the transfer market this year according to strict rules laid down by league officials that determine what the club can spend according to its expected revenues.

“The clubs have a difference that exceeds the maximum allowed salary next season,” he added.
And it will have to make more use of the youth and academia sector because the authorities will not allow any transfers beyond this limit.

He continued: “I do not think there will be many transfer deals next season in Spain or anywhere else. The current situation will not allow this. Teams will have to cut player salaries, cut transfer deals, or sign players who are less expensive. “

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