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
-
The Lover and the Fighter: China, the west, and Africa’s geopolitical awakening
4 minutes -
UCC student dies in tragic road accident on campus
25 minutes -
Health Ministry establishes committee to probe death of hit-and-run victim
26 minutes -
RTI Commission, NACOC explore collaboration to promote transparency and accountability
44 minutes -
Three dead as truck overturns near Asenema Waterfalls
1 hour -
Four Ghanaian UN peacekeepers recovering after Lebanon missile attack — Defence Ministry
2 hours -
Police restore calm at Twifo Bimpong-Agya after youth clash kills one
3 hours -
US court hears how Ghanaian scammer made over $10m posing as fake romantic partner
3 hours -
Pakistani man found guilty in Iran-backed plot to kill US politicians
3 hours -
Footage shows US citizen shot by ICE agent in Texas traffic stop
3 hours -
Canada’s PM calls for Andrew to be removed from line of succession
3 hours -
Ghana@69: Ghana mature enough for self-sufficiency — Kwadaso MCE
3 hours -
Opoku Mensah pushes back at Haruna Iddrisu, praises Akufo-Addo’s free SHS infrastructure expansion
3 hours -
Women of Valour: Women voices powerful enough to create meaningful impact – Kate Henshaw
3 hours -
Rotary Club of Accra refurbishes library for Kweiman Presbyterian Basic School
3 hours