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HomeSportsBarcelona get salary cap boost as financial struggles ease

Barcelona get salary cap boost as financial struggles ease


Barcelona’s financial situation continues to improve after LaLiga confirmed their annual spending cap is now over โ‚ฌ463 million ($483.7m), an increase of nearly โ‚ฌ40m from the beginning of the season.

At this same time last year, Barรงa’s limit had been slashed to โ‚ฌ204m.

The boost to the club’s economic situation comes after the sale of 475 VIP seats at Spotify Camp Nou, which is still being redeveloped, for a maximum of 30 years to two different investors from the Middle East. Sources told ESPN the two deals in total are worth around โ‚ฌ100m.

Barรงa’s cap remains the second highest in LaLiga, a long way behind Real Madrid, whose limit is โ‚ฌ755m, as it was at the start of the season.

Atlรฉtico Madrid (โ‚ฌ314m), Real Sociedad (โ‚ฌ160m) and Villarreal (โ‚ฌ135m) complete the top five, while Sevilla’s financial problems have led to their cap being cut from an already low โ‚ฌ2.5m to a measly โ‚ฌ684,000, the lowest in the league.

The limit is roughly determined by the difference between a team’s revenue minus non-sporting outgoings and debt repayments.

The final figure accounts for the maximum amount clubs should spend on wages, bonuses and amortisation payments on transfers across a season, not how much they are necessarily spending.

Clubs that are in excess of their spending limit, as Sevilla are, are subject to severe financial restrictions in the transfer market which allow them to spend only a fraction of anything they save or raise.

Barรงa, meanwhile, as LaLiga confirmed in January, are now within their limit and are able to spend 100% of anything they save or raise, known as the 1:1 rule.

However, there is still an element of uncertainty over the registrations of Dani Olmo and Pau Vรญctor.

LaLiga and the Spanish Football Federation [RFEF] say Barรงa missed a Dec. 31 deadline to prove they were compliant with their spending cap, claiming the VIP seat deal was completed afterward.

As a result, Olmo and Victor were unregistered, with RFEF regulations not allowing players to be registered for a second time in the same season, even if the club could afford it.

Barรงa won an injunction against LaLiga and the RFEF’s ruling from Spain’s sports ministry, the Consejo Superior de Deportes (CSD), who agreed to investigate their appeal, which could take up to three months.

LaLiga subsequently counter-appealed the CSD’s decision, but Olmo and Vรญctor remain available for selection as it stands.



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