Atletico Madrid consider pay cuts to help club through coronavirus pandemic Atletico Madrid Would affect players and coaches

The uncertainty unleashed by the coronavirus has caused clubs to manage all kinds of scenarios to combat an unexpected situation that has blown everything planned for the current season out of the water.

Not just regarding their achievements on the field, but now the concerns are about the economic viability of companies that manage budgets of hundreds of millions of euros.

In the case of Atletico Madrid, the budget exceeds 500 million, a quantity that, at the moment, is causing great worry, particularly as there are doubts about if the competitions will be able to be completed.

Not doing so would mean an economic setback (losses in season tickets, tickets, marketing, sales, contracts...), which has caused Los Colchoneros to work for days to try and find a solution to try to cushion the blow in the best possible way.

Miguel Angel Gil Marin has been working on this since the win at Anfield as Atletico met the harsh reality upon their return to Madrid.

The CEO and largest shareholder, who has formed a Management Committee with the general managers of all departments, has been trying for some time to figure out how to deal with the economic blow of the current health situation.

A blow that, they understand, goes through making an agreement with the area of the club that, logically, takes the biggest percentage of the budget: the players and coaching staff.

They account for 350 million euros in salaries and they hope to possibly save some money during this exceptional situation that has been caused by the pandemic of coronavirus.

In any case, the initial idea of Gil Marin is to negotiate with these figures to reach an agreement to achieve two objectives: that the impact is minimal and that the viability of the club can be protected.

This could help other employees, almost 500, who cannot carry out their work normally and face pay cuts through an ERTE, which involves a wage cut to avoid redundancy in times of crisis.

Although within there are people who are working, there are others who do not have the capacity to carry out their work.

Atletico are also clear that it will not affect people who are able to work from home in some of the parts of the club that are still functioning.