As part of a cost-saving measure, Barcelona is set to tie Philippe Coutinho, Antoine Griezmann and Sergio Busquet to new deals that will come will salary cut.
Barcelona acceded to the requests made by the players that their salary should be negotiated separately from other personnel as the cases were different.
So, the trio could follow Gerard Pique, Marc-Andre ter Stegen, Frenkie de Jong, and Clement Lenglet in the direction after recently agreeing on new deals.
This is expected to be a boost to Barca that already has debts over 700m Euros.
Also involved in talks with the club is Sergi Roberto, who shares the same agent with Busquet. He could join them in talks over renewed terms as Barca continues to seek ways to limit the financial repercussions of the coronavirus pandemic.
Temporary salary adjustment at Barcelona
According to sources, Barca confirmed that the quartet’s new contracts “include a temporary salary adjustment due to the current circumstances brought about by the COVID-19 induced crisis.”
ESPN reports that they have accepted a reduction to their wages for the 2020-21 season but will be remunerated in the latter years of their new contracts.
Coutinho and Griezmann, whose deals run until 2023 and 2024 respectively, are among those negotiating a similar adjustment to their deals which would help the club bring down spending for this season.
In light of their financial; challenges and the coronavirus, Barcelona is desperate to bring down their wage bill. Barca has so far lost €97 million in the 2019-20 season. Earlier this month, it also revealed that the club’s debt had more than doubled to €488m, all while trying to manage a wage bill of around €500m.
hey have already shipped out big-earners like Luis Suarez, Arturo Vidal, and Ivan Rakitic, but still needed to find other ways to reduce costs.
This led to negotiation of wage cuts with playing and non-playing staff and a committee was formed on Wednesday to push through reductions across the board.
“The effects of the pandemic in this current season are much more notable than in the previous season, as that was affected only in the final three month period of April to June.
“The club predicts a fall in revenue of greater than 30% and, as a consequence, is obliged to find immediate solutions to reduce expenditure,” Barca said in a statement.
Exempted from the new negotiations are the four new signings, which include Sergino Dest and Miralem Pjanic as their contracts were signed with the financial situation taken into account.