Sport

(LaLiga) reduces Barcelona’s spending ceiling to 204 million euros

 

Sudan Events – Agencies

Barcelona’s salary cap has been reduced to €204m (£174.8m) by La Liga after the January transfer window ended.

The salary cap represents the maximum spending a club can make throughout the season, taking into account all transactions made during the winter. He plays a pivotal role in shaping the club’s plans for the upcoming transfer window.

On Thursday, the Spanish League confirmed the maximum salaries for each club; Barcelona saw a reduction of 66 million euros from the previous cap set in September 2023 – 270 million euros (£231 million). This figure also represents a significant drop on the amount the Catalan side were restricted to spending last February – €648m (£555m). In January, Barcelona’s only activity was the signing of Vitor Roque from Atletico Paranaense. The deal – worth €30 million, plus potential add-ons – was agreed last summer. Barcelona were able to register Roque to play due to Gavi’s long-term absence. The 19-year-old’s recent anterior cruciate ligament injury, which sidelined him for the rest of the season, has opened a window for a new signing in the winter. Article 77 of the Spanish League’s financial regulations gives clubs flexibility in the event that a registered player suffers an injury that will keep him out of action for more than four months. The affected club can register a replacement as long as his wages do not exceed 80 percent of the injured player’s wages. Barcelona’s true cost for the 2023-24 season – total salaries and transfer costs – is officially €492m (£421m). Since they are out of form, La Liga rules state that they must make cuts before signing any more players. It has resorted to using many economic tools in recent years to survive, despite major efforts to reduce costs. However, the club still has one of the highest wage bills in world football. Barcelona were forced to sell the club’s TV rights and partly sell assets to try to keep debts under control, and were again unable to score new signings before the start of this season, including the likes of Ilkay Gundogan, Oriol Romeu and Inigo Martinez. Real Madrid still have the highest cap in the league at €727m (£623m), with Atletico Madrid in second place at €303m (£259m).

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button