Barca players set for €122m wage cut

Barcelona were close to securing an agreement on Friday for a 122 million euros cut in players' salaries this season to help offset the financial hole left by the coronavirus pandemic.

The deal, announced in a statement by the club, must now be ratified by the players "in the coming days".

The reduction in their wage bill represents a welcome financial lifeline for Barca, hit hard by the loss of gate receipts at the Camp Nou and other effects of Covid-19 prevention measures.