La Liga: Spanish clubs suffer heavy losses due to Corona, Rs 52.7 billion in salary cap cut of; Barcelona suffered the most.

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  • LaLiga Salary Cap Real Madrid Get’s Highest Cap Barcelona’s Cap Slashed Due To Coronavirus Crisis, LaLiga Announced The Salary Caps For The 2020 21 Season

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Barcelona lost the most due to salary cap cuts. At the same time, Real Madrid will have the biggest budget of this season. – File Photo

First division clubs in the Spanish league La Liga have reduced their salary cap by a total of 600 million euros (about 52.75 billion rupees). The club has taken this decision due to the damage done to Corona. Barcelona and Valencia have suffered the most losses. At the same time, Real Madrid will have the biggest budget of this season.

Viewers did not reach the stadium due to Corona, loss occurred

Earlier, La Liga president Xavier Tebas said that Kovid-19 is suffering a lot of losses due to the fan not coming to the stadium. Therefore Spanish teams will have to deduct a total of 500 million euros (about 44 billion rupees) from their sporting staff budget.

Changing 3 parts in Financial Control Norms

At the same time, La Liga general director Jose Guerra said that we have changed our financial control norms into 3 parts. We have taken this decision in view of Corona’s influence. It will take time for us to adapt to this situation. Teams and clubs must adapt to this situation.

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Salary cap of top-10 La Liga teams for 2020–21 season (amount in million euros)

Team 2020-21 2019-20 2018-19
Real madrid 468.53 641.05 566.5
Barcelona 382.72 671.43 632.9
Atletico Madrid 252.72 348.5 293
Seville 185.81 185.17 162.7
Villarreal 145.24 108.59 109.1
Athletic bilbao 119.82 103.18 87.8
Valencia 103.4 170.67 164.6
Real Sociedad 100.88 81.13 80.8
Betis 71.3 100.35 97.1
Celta 62.53 62.12 50.9

Barcelona lost the most due to salary cap cuts

Spain’s biggest club Barcelona has suffered the most from the new salary cap. Barcelona recently reported a 30% reduction in their players’ salary. Barcelona has reduced the salary cap for this season by nearly 300 million euros (about 26.37 billion rupees). His salary cap for the 2020–21 season would be 382.7 million euros (about Rs 33.59 billion), compared to 671.4 million euros (about Rs 59 billion) in the previous season.

Real Madrid has the biggest budget of the season

Despite the salary cap cut, Real Madrid will have the biggest budget this season. Real Madrid’s salary cap for the 2020-21 season would be 468.5 million euros (about 41.15 billion euros), compared to 641 million euros (about 56.36 billion euros) last season. Atlético Madrid reduced the salary cap by 131.8 million euros (about 11.6 billion rupees).

La Liga incurred losses due to Corona

The 20 clubs of the first division of La Liga will be able to spend a total of 2.33 billion euros (2.03 trillion) this season. This is 610 million euros (Rs 53.63 billion) less than the previous season.

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