REAL MADRID are facing a financial black hole – and could be ready to demand more pay cuts.
The coronavirus has hit LaLiga harder than many of the other top leagues – and even behemoths like Real have not been immune.
The loss of fans at Real Madrid’s Bernabeu next season has forced Los Blancos chiefs to consider 10 per cent pay cuts for its superstars[/caption]
They need to cover a £182MILLION shortfall – and that cannot simply be sorted by selling players.
Los Blancos asked their stars to take a pay cut earlier this spring as the coronavirus pandemic took a grip on the world’s economy.
And now Real president Florentino Perez and his bean counters are ready to ask them to take another pay cut.
Tipping Madrid chiefs over the edge is the fact that there will be no punters in stadiums probably for the rest of THIS YEAR.
That means no matchday revenue – and big clubs in Spain need to take a hit now to make sure they do not hit the wall.
Top priority for Real will be getting Gareth Bale’s £650,000-a-week wages off their books and they could revisit a switch to a Chinese club again – or try and sort out a compromise with a Premier League club.
Los Blancos are likely to start by extending the ten per pay cut for ALL players, say Madrid newspaper Marca.
That means Bale would lose £65,000 per week.
That is likely to run for the whole of the 2020/21 campaign.
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And if Real crash out of the Champions League to Manchester City next week, then that step will be looked at immediately.
Zinedine Zidane’s men are already 2-1 down from the home first leg.
A Last 16 exit will also hit plans to bring in new players and a move for Manchester United midfielder Paul Pogba could be the first casualty.