Málaga CF have announced in an official club statement on Tuesday that they will undertake an ERE, according to Cope.

The ERE will see the suspension and/or termination of staff contracts at the Andalusian club, with up to 40 people expected to be affected by the decision.

It has been reported that it will not affect any player or coach of Málaga’s first-team squad.

The club’s statement reads as follows:

The Club announces that it has taken the decision to present an employment regulation file for the termination and/or suspension of employment contracts. Over the past few months, the Entity has been undertaking various measures to ease the difficult economic situation it is experiencing. The restructuring of the Club joins this package of necessary measures to ensure the permanence of Málaga Club de Fútbol.

The Entity thanks fans and season ticket holders for their support during these difficult times and asks for their understanding in light of this complex process that starts today and that the Entity will endure in the coming months, with the sole purpose of committing to the future of our shield.