La Liga President Javier Tebas. File image

La Liga president Javier Tebas opens up on salary reductions of football clubs amid Covid-19

The wage cap for Spanish league golf equipment has been decreased by greater than $700 million due to the coronavirus pandemic, La Liga president Javier Tebas revealed in a digital press convention earlier this week. Tebas added that FC Barcelona and Valencia CF are anticipated to take the largest hit, making a wage reductions of about 40 p.c this season, whereas Real Madrid and Atletico Madrid are anticipated to make 27 p.c of changes to their season.

In response to a query offered by the Hindustan Times, Tebas additionally agreed that the uncertainty over the wage caps might stay so long as the virus lasts. The La Liga president, although, added that the scenario with the pandemic is enhancing and there are hopes of a vaccine popping out quickly.

“Yes, of course we all are very concerned about the pandemic affecting the economy of the whole country and football is not exempt from this. Although, luckily we are an industry which can have different kinds of activities. With the coordination to the higher sports council and the ministry of health we have been able to do this,” Tebas stated.

“But we are obviously concerned about the salary caps but I believe these concerns should be diminished as we can now see the light at the end of the tunnel. In another 2-4 months we should see vaccines as companies are manufacturing millions of vaccines,” he stated.

“We are seeing the next season very similar to 19-20 season, with maybe not so many people going to the stadiums but at least as far as on the front of satisfying sponsors and other financial aspects,” he added.

Another extra price for the soccer leagues throughout Europe has been over the brand new safety measures and testing package. The La Liga gamers proceed to get examined regularly – whereas the stadiums are additionally required to make sure that nobody goes out and in of the bubble. In July, when the final season of La Liga had restarted – a participant had entered the stadium to shake palms with Lionel Messi- and amid a pandemic – such incidents pose a bigger menace.

On being requested concerning the safety expenditure, one other question posed by the Hindustan Times, Tebas stated that the league is making certain all of the measures to make sure the absolute best safety for gamers and groups, although, he added that it has not affected the steadiness sheets an excessive amount of.

“Yes, we have invested in all these security measures but they are not amounts that significantly affect the balance sheet, economic accounts of LaLiga or its clubs. It has been necessary to buy tests, change infrastructures, advice, personnel, etc,” Tebas stated.

“But this is also a very important aspect of awareness raising, hard work to draw up a protocol for returning to training, awareness raising for all club staff, etc,” he added.

“And thanks to this economic investment, the work of LaLiga and its clubs, the commitment, and effort of everyone, professional football has returned at such a delicate time,” Tebas concluded.

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