The Catalans have to reduce their wages bill by €190m by November 5.
- Barcelona could be declared bankrupt in January unless they impose significant pay cut, reliable RAC1 report.
- The club have to reduce their wages bill by €190m with the deadline set on November 5.
- Luckily, the players finally started the negotiations over 30% salary drop this Friday.
- Earlier on October, Barca confirmed they closed the 2019-2020 financial year with a €97m loss while their debt rose up to €488m.
- The coronavirus pandemic is the main reason behind the economic crisis because Barca depend too much on tourism and ticket sales.
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