Barcelona has released an update on the salary reduction discussions they are currently undergoing with the club's professional footballers' members and the corporate employees.
“Today, November 11th, after several days of intense meetings and negotiations exhausted, the parties have ended the consultation period without reaching an agreement,” the club announced in a statement.
“In this situation, it’s up to the Management Board to adopt decisions to solve the serious financial problem derived from the COVID-19 pandemic, which cause a reduction in the club’s income of more than €300m for the 2020/21 season and has forced a need to readjust the wage bill by €191m.
“The parties have agreed to grant each other until November 23rd to reflect and decide whether the proposals that are currently on the table can be accepted.”
The news comes at a time of change at Camp Nou on and off the pitch. Former President Josep Maria Bartomeu has recently left the club, resigning and taking office with him, following widespread discontent among the supporters.
Quique Setien was relieved of his duties after a half-season in the dugout after a late-season collapse in the league title race and a historic 8-2 humiliation by Bayern Munich in the Champions League.
Changes also took place in the dressing room, with veterans of the 2015 treble, including Luis Suarez and Ivan Rakitic, showing the door to cut-price charges. Lionel Messi, captain of their talismanic club, tried to follow his friends out of the door only to be blocked by a fine printing contract.
Barcelona faces a difficult few months to negotiate the above-mentioned wage reduction, move to a new board, compete on the pitch and retain the services of a poor Messi who is free to sign a pre-contract with anyone he likes on 1 January.