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Barcelona were hoping to improve their finances this summer, but the failure to pay Barcelona Vision’s sale has hurt their potential purchasing power. The Catalan giants are due €60 million from German investment fund Libero this summer, in addition to the €40 million they did not pay last summer.
There were fears that if Barcelona were unable to recoup the money owed to them from this sale, they would have to turn Barca Vision’s €408m valuation into losses, which would blow up the financial situation, and require huge funds to compensate. About last season’s losses on the balance sheet. There have also been rumors that the €100m loan currently being negotiated is necessary to pay their highest salaries in August.
However, Relevo say the €100m demanded from Libero is key to understanding the financial situation this summer. If they reach that figure, via payments or other means, Barcelona will be in a position to return to a 1:1 spending ratio under La Liga rules, for the first summer since the economic levers. Another way to get that money is through the announced €1.3 billion sponsorship deal with Nike.
🚨 Barca’s financial situation this summer has improved significantly compared to last year. The club has achieved notable cost savings, especially in structural and other departmental expenses. In addition, the club is about to secure a major contract with… pic.twitter.com/hbYoqV4Vcg
— Barca Center (@BarcaCenter) May 22, 2024
We will also see a significant rise in their salary cap. This season, the figure was set at €270 million, but fell after the January transfer window to around €204 million. If they find the missing €100 million in their accounts, the salary cap will be €530 million this summer. Their actual spending on their first team is thought to be in excess of €400m in wages, although this could be higher depending on the club’s other sporting departments.
However, the same outlet explained that Barcelona have until June 15 to secure an initial €60m to avoid causing problems, and a further €40m by the end of June to return to unrestricted signings, but this is hypothetical as of now. In addition, there are other costs to consider. The €12m bank guarantee offered by Laporta and his treasurer Ferran Oliv is due this summer, which the duo will pay that money from their own pockets, while Vitor Roque’s deal has not yet been accounted for. If Laporta decides to fire Xavi Hernandez and his staff, their problems could rise by another 15-20 million euros.
Ultimately, the idea of Barcelona going into the summer with any spending power is hypothetical as things stand. As the deadlines approach, creditors will be able to put pressure on Barcelona, and investors will be able to negotiate better terms. Even if they set 1:1 salary spending rules, they may not have the money to do much with it.
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