The wage cap for Spanish league golf equipment has been lowered by greater than $700 million due to the coronavirus pandemic, with Barcelona and Valencia in line to take the largest hit, La Liga president Javier Tebas revealed in a digital press convention earlier this week, together with LaLiga Normal director Pepe Guerra. Tebas added that FC Barcelona and Valencia CF are anticipated to make wage reductions of about 40 p.c this season, whereas Actual Madrid and Atletico Madrid are anticipated to make 27 p.c of changes to their season.
In response to a query supplied by the Hindustan Instances, Tebas additionally agreed that the uncertainty over the wage caps could stay so long as the virus lasts. The La Liga president, although, added that the scenario with the pandemic is bettering and there are hopes of a vaccine popping out quickly.
“Sure, after all all of us are very involved concerning the pandemic affecting the financial system of the entire nation and soccer is just not exempt from this. Though, fortunately we’re an trade which might have completely different sorts of actions. With the coordination to the upper sports activities council and the ministry of well being we have now been ready to do that,” Tebas mentioned.
“However we’re clearly involved concerning the wage caps however I imagine these considerations ought to be diminished as we will now see the sunshine on the finish of the tunnel. In one other 2-4 months we should always see vaccines as corporations are manufacturing tens of millions of vaccines,” he mentioned.
“We’re seeing the following season similar to 19-20 season, with perhaps not so many individuals going to the stadiums however not less than so far as on the entrance of satisfying sponsors and different monetary points,” he added.
One other extra value 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 frequently – 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 arms with Lionel Messi- and amid a pandemic – such incidents pose a bigger risk.
On being requested concerning the safety expenditure, one other question posed by the Hindustan Instances, Tebas mentioned that the league is making certain all of the measures to make sure the very best safety for gamers and groups, although, he added that it has not affected the stability sheets an excessive amount of.
“Sure, we have now invested in all these safety measures however they don’t seem to be quantities that considerably have an effect on the stability sheet, financial accounts of LaLiga or its golf equipment. It has been crucial to purchase exams, change infrastructures, recommendation, personnel, and so on,” Tebas mentioned.
“However that is additionally an important side of consciousness elevating, onerous work to attract up a protocol for returning to coaching, consciousness elevating for all membership workers, and so on,” he added.
“And because of this financial funding, the work of LaLiga and its golf equipment, the dedication, and energy of everybody, skilled soccer has returned at such a fragile time,” Tebas concluded.