Football Club Barcelona finds itself in all sorts of financial troubles at the start of the 2022/23 season. They are denied the right to register their five precious signings and two contract extensions by La Liga.
The Spanish league is furious about the condition at the Catalonian club. And have given them an ultimatum to rectify their salary issues. Or offload several players to be able to register their five signings: Lewandowski, Kessie, Christiansen, Kounde, and Raphinha. Along with the two contract extensions of Dembele and Roberto.
Barcelona’s woes with high wages
The heart of the issue is La Liga’s salary cap. The Spanish league and others worldwide maintain financial control over the money clubs spend on their players’ salaries. The main idea behind this control is to ensure competitive integrity between teams.
Barcelona has been in a financial conundrum since the 2020 pandemic. They had high wages to pay with no boost in revenue due to empty stands. As a result, they had to sell off several players like Arthur Mellow. They also send players like Coutinho and Griezmann on loan. Yet they failed to retain their talisman, Messi.
However, it seems that things are changing. And Barcelona might see some good days ahead. Or at least that is what Barcelona’s board is trying to assure their fans.
New Dawn for Barcelona
Earlier this week, Barcelona presented their price signing of Robert Lewandowski in front of 60,000 Barcelona fans at Camp Nou. Following the ceremony, Laporta, the club president, assured the fans that they would register their signings.
“We have done the job well, and we believe that we meet all the requirements… the documentation has already been sent, and we are waiting for the response from the league. There may be some disparity, but we understand that there will be no problems because we have complied with everything, and the players will be able to register,” Laporta said.
Solution to Barcelona’s problems
He also admitted that Barcelona would apply a fourth economic lever if things come to it. And the ground reality suggests that they will indeed have to make that change.
To overcome this new challenge, they will have to sell a 24.5% of Barca Studios further. This will give them a boost of $102m. Furthermore, they will also have to offload players like Frankie de Jong, Memphis Depay, Martin Braithwaite, Umtiti, and Pijanic.
Currently, Chelsea is in constant contact with the Catalonian club to acquire Aubameyang. If this deal goes through, then Barcelona might have some breathing space.
They have until the 31st of August to register all of their signings.