Barcelona’s spending cap up by almost €800m after sale of club assets

Barcelona‘s spending cap for the season has increased by almost €800 million to €656.5m following the sale of club assets this summer, LaLiga confirmed on Friday.

Barca sold 25% of their domestic television rights for the next 25 years and a 49% stake in Barca Studios for over €700m in total after receiving permission from the club’s members to do so.

That allowed them to spend more than €150m on new signings Robert LewandowskiRaphinha and Jules Kounde in the transfer window, while Andreas ChristensenFranck KessieHector Bellerin and Marcos Alonso all arrived on free transfers.

It marks a remarkable turnaround from last summer, when the club could not afford to keep Lionel Messi and LaLiga brought their spending limit down to €96m. By January, that cap had been further reduced to -€144m, the only negative limit in the league.

Real Madrid still have the largest spending cap in LaLiga, though. Madrid are allowed to spend up to €683.5m annually on the running of their squad.

“Barcelona’s limit is [up to] €656m and they needed this amount, that’s why they were registering players at the last minute,” LaLiga president Javier Tebas said.

“Without the [sale of assets] it may not be so high next season. They may have to reduce their outgoings by around €200m by selling players or even [selling more] assets.

“I think [Barca’s vice president Eduard] Romeu has said they need it to be at around €400 and something million. But they know all about this, it will be difficult for them to maintain [the new limit] next season.”

When asked if LaLiga had been too generous with Barca, Tebas said: “Not at all, 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 as Romeu said, they have had and [will] have to reduce the wage bill.”

Atletico Madrid have the third highest limit, but it is around €300m less than Madrid and Barca’s at €341m. Sevilla (€200m) and Villarreal (€151m) complete the top five, while Elche and newly promoted Girona have the lowest caps at just over €42m.

LaLiga’s spending limit accounts for the maximum amount clubs can spend on wages, bonuses and amortisation payments on transfers across a season, not how much they are necessarily spending.

As Barca have previously been over their limit, they have only been permitted to spend at a ratio of 1:4 — 25% of anything they saved in wages or raised in fees could go on new signings or new contracts — but LaLiga confirmed to ESPN earlier in the summer they are now working at a 1:1 ration once again.

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