La Liga: Barcelona LIVE: Barcelona has once again been issued a warning by La Liga president Javier Tebas. He said that they must considerably decrease their payroll cost before the start of the following season. This came up when the La Liga president was questioned on the financial implications of Barcelona potentially moving from the UEFA Champions League to the Europa League. Follow La Liga LIVE Updates on InsideSport.IN.
La Liga: President Javier Tebas warns Barcelona to reduce wage bills ahead of next season-Check Out
“If they fall in the Champions League they will have less income but he will stop paying bonuses. That will not change much,” Tebas said, as quoted by Mundo Deportivo.
“The levers have served them for this season but not for the next year. They have to reduce their salary mass, they cannot walk with more than €500 million. Because if not next season we will meet the 1/4 rule for them again,” Tebas warned.
Due to the hefty contracts that the previous administration gave out to players, the Blaugrana had an excessive pay budget. The club is now bankrupt and was even forced to split ways with Lionel Messi last year due to this.The same problems resurfaced this past summer, but Barcelona was able to avoid them by using its financial resources, including Barça Studios and the sale of a portion of the club’s TV rights.
🎙🚨| Javier Tebas: “Remember Barça’s economic levers? The sale of TV Rights represents 5% of their income. It is a SMALL amount and does not endanger the club in any way. There is NO risk of bankruptcy.” #fcblive pic.twitter.com/TiMKerFObv
— BarçaTimes (@BarcaTimes) September 9, 2022
Tebas has cautioned that even if that may have helped the club make new recruits and register them without going outside La Liga’s wage cap restrictions, they may run into trouble the next year and the levers won’t be able to assist. The goal of Barcelona is to bring down the club’s pay budget, which is presently over €656 million, to €500 million by 2024, according to vice president Eduard Romeu. Due to Antoine Griezmann’s permanent move to Atletico Madrid, Barcelona will have a sizable amount of salary cap space available for the upcoming season.
The club may benefit from the likely exits of several of the highest-paid members of the roster, including Sergio Busquets and Gerard Pique, next summer. However, it should be kept in mind that the latter’s contract still has 18 months to go and that Barça owes him a sizeable sum in delayed wage payments, which may make his leaving challenging to complete.
La Liga: President Javier Tebas warns Barcelona to reduce wage bills ahead of next season-Check Out
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