Wednesday, 13 May 2020

Lower salaries for players, fewer transfers next season- La Liga chief predicts

La Liga chief predicts lower salaries for players, fewer transfers
Spanish soccer clubs have no choice but to look up to diminishing players' salaries next season because of the money related effect of the coronavirus pandemic, La Liga president Javier Tebas has said. 

The Spanish season has been on hold since March and in spite of the fact that matches are due of re-start in June without onlookers, the league despite everything gauges clubs will lose a joined €300 million in lost income because of the disruption. 

To adapt to soak pay misfortunes, numerous clubs including Barcelona and Atletico Madrid acquainted impermanent compensation cuts with players and staff during the national highly sensitive situation, despite the fact that Tebas accepts further slices should be made. 

"Clubs will have to reduce the salaries of their players, there's no other remedy," Tebas said at a virtual conference organized by the Ibero-American Institute for sporting law, quoted by Spanish newspaper AS on Tuesday.

Spanish clubs spent lavishly a record amount of money a year ago on transfers including Barcelona's €120-million plunge for Antoine Griezmann from Atletico Madrid, who thus sprinkled €126 million on Portuguese forward Joao Felix. 

In any case, Tebas said clubs would need to fundamentally diminish move action this year so as to consent to the league's severe pay controls, which direct how much cash teams can spend as per their anticipated incomes. 

"Clubs now have squads that will exceed the salary limit for next season and teams are going to have to look far more towards youth football and their academies because transfers that exceed that limit will not be allowed, it's impossible, he included. 

"I don't think there will be many transfers next season, in Spain or anywhere else. The current situation will not allow that. Teams will either have to reduce footballers' salaries or sign fewer or cheaper players."





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