Audio By Carbonatix
Real Madrid's players, coaches and "main directors" will take a pay cut of 10-20% this year as the club deals with the impact of the coronavirus pandemic.
Football in Spain has been suspended indefinitely since March, when the country declared a state of emergency.
Real said the decision to reduce pay was "taken by players, coaches and employees" to avoid "traumatic measures that affect the rest of the workers".
The club's basketball team have also agreed voluntary pay cuts.
Real said the move was "depending on the circumstances that may affect the closing of the current 2019-20 sports season".
It added the decision would help mitigate a decrease in income "as a result of the suspension of competitions and the paralysis of a large part of its commercial activities".
It was announced last month that Barcelona players would take a 70% pay cut and make additional contributions to ensure non-sporting staff received full wages.
Latest Stories
-
A Tax for Galamsey: Let the laws bite – Rev Quaicoe demands swift punishment for offenders
11 minutes -
A Tax for Galamsey: We’ve gotten to a point where brute force must be applied – Elikem Kotoko
18 minutes -
A Tax for Galamsey: The anger against illegal mining is not enough – Ken Ashigbey
1 hour -
A Tax for Galamsey: The president is determined to fight this canker – Elikem Kotoko
1 hour -
Galamsey: Ken Ashigbey calls for arrest of Tano North MCE over prospective licence issuance
1 hour -
FDA clamps down on unregistered diaper products in Ho MarketÂ
1 hour -
Beyond the Hills: A different story unfolds at Ashesi University
2 hours -
Cocoa sector crisis has exposed the NDC government – Dr Amin Adam
2 hours -
A Tax for Galamsey: Gov’t should’ve been more decisive – Daryl Bosu
2 hours -
Ken Ashigbey urges more investigative journalism to curb galamsey
2 hours -
Dr Gideon Boako announces reconstruction of Yamfo Market
2 hours -
Norway’s former PM charged with gross corruption over Epstein links
2 hours -
Minority urges gov’t to restore promised cocoa price
2 hours -
Politicisation of Cocobod led to its crisis – Prof Prempeh
2 hours -
A Tax for Galamsey: Ashanti Reg. Min. calls for ‘natural justice’ over calls to interdict Amansie DCE
2 hours
