‘Broke’ Barcelona told they can splash the cash even more despite summer blitz

La Liga have raised Barcelona's spending limit by £700million, ending a period of being in a spending deficit despite already splashing the cash.

The Blaugrana have managed to clear up their financial woes after selling huge chunks of assets at the club to various companies. Barca were given a cap of £84m last year which forced them to make savings in the squad, running up debts of €1.35billion.

To come within La Liga's financial fair play rules, Barcelona sold 25 per cent of their domestic television rights to Sixth Street, an investment firm from the United States. That saw the club make €500m while a further €200m was made from the sale of a 49 per cent stake in Barca Studios.

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Spotify have also signed a long-term sponsorship deal with Barcelona, a deal tha was reached in March earlier this year. It saw the Spanish giants splash out in the summer.

The likes of Robert Lewandowski, Raphinha and Jules Kounde all joined for mammoth fees while Andreas Christensen, Franck Kessie, Hector Bellerin and Marcos Alonso signed for free transfers.

While it appears Barcelona have got themselves off the hook, La Liga president Javier Tebas delivered a warning. “Without the [sale of assets] it may not be so high next season,” he said.

“They may have to reduce their outgoings by around €200m by selling players or even [selling more] assets. The same rules are applied to all the clubs in Spain.

"To register Kounde, the president of Barcelona had to put up a personal guarantee. Is there a risk of bankruptcy? In my opinion, I don’t think so, not at all. They have a high wage bill but a lot of equity, although … they have had and [will] have to reduce the wage bill.”


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