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FC Barcelona communicated on Friday evening that the Negotiation Table composed of representatives of the club and the players reached an agreement in principle to save 122 million euros in wages in the current season.

After various weeks of meetings and numerous reports about it, FC Barcelona have managed to put an end to one of their big tasks: the wage reduction in the Barcelona first team squad.

Barca communicated through their official channels that on Friday 27th November the Negotiation Table, made up of representatives of the club and players, reached an agreement in principle for this wage decrease for a value of 122 million euros

❗ Joint statement from the FC Barcelona salary negotiation table

ℹ The details: https://t.co/KQlUFUnbRc

— FC Barcelona (@FCBarcelona) November 27, 2020

“Today, the parties have reached an agreement in principle that allows an adjustment to salaries for the current season, for an amount of 122 million euros fixed remuneration, to which is added the deferral for 3 years of variable remuneration from this season, budgeted at an approximate figure of 50 million euros”, the Barca statement started.

“This principle of agreement is pending ratification in the coming days by the group of players and coaches affected”, it continued.

“The agreement, if it is ratified, will be a milestone of great importance to redirect the current economic situation”, it ended.

The post Barcelona Will Save 122 Million In Wages appeared first on 24Naijamusic.

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