La Liga president Javier Tebas announced last week that Barcelona have exceeded their wage cap and will therefore fall under a “special procedure” next season.
Solve optimization problems revealed this to the Spanish magazine El Transistor, implying that Barcelona will need to make substantial financial adjustments in order to extend Lionel Messi’s contract, which expires at the end of the month.
Tebas stated that the Catalan titans must “restructure their debt” since they are responsible for half of the €700 million in losses suffered by La Liga teams.
When describing the “special procedure” that Barca now fall under due to their financial difficulties, Tebas said: “We have a special procedure for when a club goes over its salary established by LaLiga, where clubs can only include players who represent 25% of the savings.
“If Barca sell a player for €100 million, they can only spend €25 million.
“If Barca receives €10 million on a sale, they can only spend €2.5 million on a new signing.
“If Barcelona want to bring in a player who costs them €25 million per season in salary, they must earn, either by transfer or by a salary reduction, €100 million.”
Despite the club’s financial difficulties, Barcelona have brought in Memphis Depay, Sergio Aguero and Eric Garcia on free transfers.
Barcelona also tried to recruit Georginio Wijnaldum, but he was taken by Paris Saint-Germain, and they are poised to renew Lionel Messi’s deal, which is worth $97 million per year according to Forbes.
Tebas has stated that the club’s priority now must be on lowering the size of their team, after Barcelona’s concentration on incomings.
Junior Firpo and Phillipe Coutinho have been extensively connected with departures, with Antoine Griezmann, Ousmane Dembele, and Miralem Pjanic also said to be going.
Tebas has hinted that their could be potential serious ramifications if these adjustments to the squad are not made in the coming months: “They have to reduce salaries in the squad consistently or produce fees from sold players. Publicly, I cannot tell of the plan Barcelona have.
“They know that if they don’t sell an important player of the current squad that they have players with contracts in force that they cannot include.”
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