Spanish football club Real Madrid players and managers have agreed to cut their salaries to help with the revenue loss caused by Corona. The player and manager of the team will now get a salary with a deduction of at least 10 percent for few months, for which they themselves have agreed. The club said the decision would apply to their football and basketball teams.
Some top officials of the Real Madrid club have agreed to a pay cut that could go up to 20 percent, but it depends on the circumstances of the rest of the season. The Spanish league has estimated that the clubs would jointly lose one billion euros (about 84 billion rupees) if the competition does not start due to the epidemic. It is the same with some cricketers.
Prior to Real Madrid, many football clubs like Juventus have also announced to cut their players' salaries. However, it also has the consent of the players. At the same time, the Professional Cricketers Association has decided to cut the salaries of the players of the county championship which lasts for several months in England, because the epidemic has stopped the game for a long time.
Let us know that more than 89 thousand people have lost their lives worldwide due to the coronavirus epidemic. Not only this, now the number of people infected with COVID 19 has crossed 1.5 million, including all the big countries of the world.
