"Barcelona's squad spending limit has dropped to €351 million ($411.8m) -- down €112m from last winter -- while Real Madrid's has increased to €761m, LaLiga said on Friday. The league's squad cost limits, which are made public after each transfer window, denote the maximum amount that each club is permitted to spend on first-team players, as well as coaching staff, reserve and youth teams."
"In a presentation on Friday, LaLiga said that while Madrid's limit -- the league's highest -- had grown from €754m to €761m, Barça's had been cut from €463m to €351m. The league cited Barcelona's auditors refusal to include -- for now -- €100m in income from the sale of VIP boxes at Spotify Camp Nou, which is currently being rebuilt, in the club's latest accounts."
""The €112 million [difference] coincides with the 100 million from the VIP boxes," LaLiga director general Javier Gomez said. "There was one [Barça] auditor who said yes, and then the current one said no. That's the cause." The club's return to Camp Nou has been delayed, with the team playing this weekend's LaLiga game with Getafe at the 6,000-capacity Estadi Johan Cruyff, after hosting Valencia there last weekend. "I'm convinced they'll resolve it, with the VIP boxes or in another way," Gomez said. "They'll overcome [their problems], 100% for sure ... Barcelona are still functioning, even without their stadium, where they're losing a lot of income."
LaLiga's squad spending limits now place Barcelona's cap at €351 million, a €112 million reduction from last winter, while Real Madrid's limit rose to €761 million. The reduction stems from Barcelona's auditors refusing to include €100 million of anticipated VIP-box income from Spotify Camp Nou's redevelopment. Barcelona has repeatedly faced problems registering new signings within LaLiga limits this season, affecting arrivals such as Joan García, Marcus Rashford and Roony Bardghji. Camp Nou's reconstruction has delayed the club's return, forcing home matches at the 6,000-capacity Estadi Johan Cruyff and reducing matchday income. LaLiga director general Javier Gomez expressed confidence Barcelona will resolve the issue.
Read at ESPN.com
Unable to calculate read time
Collection
[
|
...
]