Barca reach deal to cut wages due to impact of COVID-19


FILE PHOTO: Soccer Football - Champions League - Group G - FC Barcelona v Dynamo Kyiv - Camp Nou, Barcelona, Spain - November 4, 2020 General view inside the stadium before the match REUTERS/Albert Gea

BARCELONA (Reuters) - Barcelona have reached an agreement with representatives of their players and coaching staff to temporarily cut salaries and postpone bonuses due to the financial impact of the COVID-19 pandemic, the club said on Friday.

The Liga club said it expected to save around 172 million euros (154.60 million pounds), with 122 million from reductions to fixed wages this season and a further 50 million euros through the deferral of bonuses for three years.

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