Barcelona to slash stars’ wages AGAIN after initial 70 per cent cuts as club faces losing £174m in coronavirus crisis

BARCELONA'S squad are reportedly set for further reductions despite already accepting a 70 per cent wage cut.

The struggling Spanish side could face losing £174million from next season's budget as a result of the coronavirus.

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According to Mundo Deportivo, the players are set for talks with club president Josep Maria Bartomeu over yet another pay cut.

The money received from last month's reductions are not expected to cover the club's losses caused by Covid-19.

Sources close to the Spanish side have claimed their revenue is projected to fall by €200million [£174m] next term.

Barcelona will be left out of pocket due to the delay of reopening the Nou Camp, club shops and the museum.

Sponsors are now looking for rebates and the club are unsure how much they will receive from TV deals.

Lionel Messi confirmed last month that the players had agreed to hand over 70 per cent of their wages to help the club.

The first-team squad released a statement to their social media accounts to explain the situation.

Barcelona have reportedly been forced to put all but two of their players up for sale in a desperate bid to raise some cash.