LaLiga raises Barca's spending cap but Tebas warns they still have to cut costs by €200m

September 12 - FC Barcelona's spending cap has been raised from €800m to €656m after the sale of the club's assets, the Spanish La Liga top flight have confirmed.

Last season, Barcelona's spending was capped at €96m, then cut in January to minus €144m. This negative cap hampered the club's transfer transactions, but was the result of LaLiga's financial controls which penalized the Catalan giants for accumulating debts and future liabilities of 1.35 billion euros, including 673 million euros. euros due to banks.

This season, La Liga lifted the cap to a spending limit of €656m after Barca embarked on a series of asset sales. In Spain, the ceiling corresponds to a club's expenditure on salaries, bonuses and amortization on transfers during a season.

Barcelona has sold 25% of its domestic television rights to US investment firm Sixth Street for the next 25 years in two deals worth more than €500 million. The club raised a further €200m through the sale of a 49% stake in Barca Studios in two separate deals, while signing a long-term sponsorship deal with streaming giant Spotify in March. /p>

LaLiga boss Javier Tebas, however, has warned that the club will have to continue cutting their wage bill.

"Without the [asset sale], it might not be as high next season," Tebas said. "They may have to cut spending by around €200m by selling players or even [selling more] assets."

“The same rules apply to all clubs in Spain. To register Koundé, the president of Barcelona had to put up a personal guarantee. I don't think so, not at all. They have a high payroll but a lot of equity, even though...they have had and [will have to] reduce the payroll."

The sale of assets allowed Barcelona to sign Robert Lewandowski, Raphinha and Jules Koundé.

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