LALIGA BANS BARCA FROM ENTERING TRANSFER MARKET THIS SUMMER
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According to LaLiga, Barcelona will have to raise £178million from selling current players if they are to have any chance of entering the transfer market this summer.
La Liga chief Javier Tebas made this known in a Press briefing on Thursday, saying the that the Catalans will not be elligible to sign more players during the summer transfer market.
The La Liga club spent big in 2022 on the likes of Robert Lewandowski, Raphinha and Jules Kounde, despite seemingly being hamstrung by monetary issues. They triggered several economic levers, including their TV rights, in order to be able to afford the costly outlay, but still are thought to be in debt to the tune of around £1billion.
“As of today, Barcelona doesn’t have any room in its budget to spend in the upcoming transfer window,” LaLiga chief Javier Tebas said in London, at the Financial Times’ Business of Football summit.
“Barcelona has been involved in questionable behaviour which has had an impact on LaLiga and we are acting accordingly. We have ruled that they can no longer sign more players.
“They sold off £620m (€700m) in TV rights and tried to find different ways to solve the situation but they won’t be able to do that next season. We have strict economic controls. At the end of each window, we tell all the clubs in LaLiga what they can spend.
“In the case of Barcelona, they have to drop from spending on wages and transfers from £532m to £399m (€650m to €450m), so it’s a budget of minus £177m (€200m).
“They have to reduce their investment in players and we have encouraged them to sell players because, for every amount they raise in sales, they can spend 40 per cent of that.”
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