Real Madrid's players, coaches and "main directors" will take a pay cut of 10-20% this year as the club deals with the impact of the coronavirus pandemic.
Football in Spain has been suspended indefinitely since March, when the country declared a state of emergency.
Real said the decision to reduce pay was "taken by players, coaches and employees" to avoid "traumatic measures that affect the rest of the workers".
The club's basketball team have also agreed voluntary pay cuts.
Real said the move was "depending on the circumstances that may affect the closing of the current 2019-20 sports season".
It added the decision would help mitigate a decrease in income "as a result of the suspension of competitions and the paralysis of a large part of its commercial activities".
It was announced last month that Barcelona players would take a 70% pay cut and make additional contributions to ensure non-sporting staff received full wages.
Latest Stories
-
Galamsey: Investigation into attack on Joy News’ Erastus Asare and colleagues already growing cold
28 mins -
Mahama promises construction of stadia in all 16 regions if elected
45 mins -
Dampare has transformed Police training school – Bawumia
48 mins -
America braced as two stark visions collide on election day
50 mins -
NAPO urges Ghanaians to support NPP’s vision for national development
59 mins -
About 95% of PWDs in Obuasi have source of livelihood – MCE
1 hour -
Immigration Service intercepts 54 gallons of fuel
1 hour -
Election 2024: Roman Fada selected as flagbearer for Ghana Freedom Party
1 hour -
Bawumia to launch Ghana’s credit scoring system on Nov. 7
1 hour -
Alan to combat galamsey with strategic youth-centred business model
2 hours -
Agona Swedru chiefs commit to ending child marriage within their jurisdiction
2 hours -
Sunyani Traditional Council endorses Bawumia – NAPO government
2 hours -
Adutwum defends double track in Free SHS, citing research and positive outcomes
2 hours -
‘Prevent and condemn illegal pressure on Judiciary’ – AG to GBA
2 hours -
Mahama alleges biased development allocation by NPP
2 hours