Real Betis Balompié and the members of their first professional team have reached an agreement today to minimise the economic impact that the coronavirus crisis might have in the Club's accounts. In the sector of professional sports, the economic effect will have unforeseeable consequences, with all the competitions suspended without a return date and the possibility that the main sources of income for the Club to be substantially cut.

For this reason, Real Betis administration board have reached a satisfactory agreement with the footballers through which the players will reduce their salaries in 15% in the case the competition is eventually suspended and in a lower percentage in the case that LaLiga can be finished, with different scenarios depending whether it is played behind closed doors or open doors. The agreement also includes a salary reduction of the technical staff of the first team and the high-end directors at the Club.

The administration board have always aimed to have a policy of economic responsibility and good management, which has lead to search for the best solutions in this unexpected crisis. Following the agreement with the footballers, the different situations that may come in the future will be able to be faced by the institution without putting the economic viability of the Club in danger.

In this way, the solidarity shown by the players, coaches and directors at the Club to avoid to make an ERTE (a labour temporary adjustment, with temporary dismissals) that would affect the 430 Real Betis employees and their families. In these times of great uncertainty, Real Betis makes a bid for the working environment. The administration board would like to thank the players for making this easy, as they have put their personal interest aside to look after the Club and their fans.

This operation would make no sense if it was not aimed to the rest of the society, who are suffering during this time. After this agreement, the Club and players will make a donation to help in the fight against coronavirus. It will be mainly focused on the purchase of protection material for the health workers who are fighting on a daily basis against this illness.

Also, Real Betis Balompié would like to send their condolences to all the family members of the fans who have passed away during these weeks. The Club would also like to send a message of hope and strength to all the fans, especially those who are sick, their families and all the workers who are taking care of all of us.

Now, more than ever, Viva el Betis manque pierda.