28.1 C
Delhi

Memphis Depay to take a 30% pay cut to continue at Barcelona

Memphis Depay is set to take a 30% pay cut to register with the Barcelona first team, according to Goal. The player originally agreed on a €7 million salary with the Blaugrana. However, the club will not be able to pay him any more than €5 million per season. 

Barcelona are currently in a very difficult financial situation, and need to reduce their wage bill dramatically to be able to register the new talents. They have already announced and presented Sergio Aguero, Eric Garcia and Emerson Royal as Barcelona players alongside Depay this summer. 

But, their wage bill is 110% of their income and they will have to free up a lot of room on their books to formally register the new players. In light of their financial problems, Barcelona have done a good job of recruiting free agents this summer. Despite avoiding transfer fees for their recruits, they will have to find a way to accommodate everybody on the wage bill in accordance with La Liga rules. 

According to Goal, Depay is happy to help the club out in any way he can and taking a pay cut is something the player can deal with. No information has been released about potentially reimbursing him in the future, but it can be assumed that it will be done when finances are stable. 

- Advertisement -TechnoSports-Ad

The Spanish giants are prioritising the renewal of Lionel Messi’s contract, and it will possibly be announced after the finals of the Copa America which will see Messi’s Argentina take on Brazil. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Arsh Das
Arsh Das
A music enthusiast, also passionate about football and bringing you the latest in the sporting world every day.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Top 10 Bowlers With the Most Wickets For India in All Formats

Anil Kumble, stands as India's leading wicket-taker across all international formats. Debuting in a Test match against England in 1990, Kumble claimed a remarkable...

Top 8 Players With the Most Centuries in a Calendar Year

Cricket has witnessed many exceptional performances, but some have stood out for the most centuries in a calendar year. Leading the chart is Sachin...

Olivier Giroud to sign for LAFC at the end of 23/24

LAFC has finalized a deal with French striker Olivier Giroud on a free transfer. The move is planned for this summer after Giroud's tenure...

Toni Kroos to renew contract with Real Madrid until 2025

Toni Kroos has decided to stay on for one more season with Real Madrid, as revealed by renowned transfer insider Fabrizio Romano. The midfielder...