FC Barcelona could be declared as bankrupt if they don’t find a way around reducing their wage bill by 190 million euros by the end of next week.
AS quote RAC1, who reports that negotiations to lower player and staff salaries began on Friday at Barcelona, with a meeting between lawyers representing the club and the players.
The report further reveals Barcelona’s race against time as the Catalan side need to reach an agreement with the players to cut wages by 30% aggregate for the squad by Thursday, November 5 or run the risk of being declared bankrupt in January.
Additionally, the alarming situation is one with Lionel Messi. If the Argentine does not choose to renew his contract, Barcelo…
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