The Catalans have to reduce their wages bill by €190m by November 5.

Barcelona could be declared bankrupt in January unless they impose significant pay cut, reliable RAC1 report.
The club have to reduce their wages bill by €190m with the deadline set on November 5.
Luckily, the players finally started the negotiations over 30% salary drop this Friday.
Earlier on October, Barca confirmed they closed the 2019-2020 financial year with a €97m loss while their debt rose up to €488m.
The coronavirus pandemic is the main reason behind the economic crisis because Barca depend too much on tourism and ticket sales.

Barca reportedly at risk of bankruptcy unless 30% pay cut imposed next week

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