La Liga Salary Cap: FC Barcelona’s extreme £246M salary cap slash brings it down to £85M, Check out how much Real Madrid can spend- Barcelona’s unfortunate economics have been laid exposed as they have been given just a €98million (£85m) salary cap by LaLiga for the 2021-22 season. It amounts to a seventh of Real Madrid’s €739m (£638m) allocation.
Barcelona Salary Cap 2021- La Liga has long held firm on their position that they would not make a distinctive authorization for Barcelona and that was confirmed with salary cap figures for all 20 top-flight clubs exhibited on Wednesday.
La Liga’s salary caps for this season. The situations at Barcelona and Valencia are far, far worse than feared/reported. pic.twitter.com/UmJkx0WCRj
— Colin Millar (@Millar_Colin) September 28, 2021
La Liga: FC Barcelona’s extreme £246M salary cap slash brings it down to £85M, Check out how much Real Madrid can spend
In the 2018-19 season, Barcelona had a salary cap of €671m (£580m), which was cut to €382.7m (£331m), a fall of €288.3m (£249m).
However, an additional clasp on Barcelona’s finances, increased by Covid-19 has seen that figure now fall to the £85m they have this season.
La Liga: FC Barcelona’s extreme £246M salary cap slash brings it down to £85M, Check out how much Real Madrid can spend
Real Madrid Salary Cap- Real Madrid’s spending limit for this 2021-22 season is almost eight times (650 million euros) higher than that of Barcelona’s, LaLiga announced on Wednesday.
The Spanish football league, who have their own financial controls in place, allow teams to spend a certain amount on new players, signings, salaries, coaching staff, and their academies relating to income and losses – with almost all sides impacted by the COVID-19 pandemic.
Such a small limit helps explain the club’s decisions to allow Lionel Messi and Antoine Griezmann to leave in the close season, as well as their recent need to get senior players to agree to wage cuts.
Real’s figure is so high because of prudent financial management, as well as profits from player sales and coming in under budget in past seasons.
La Liga: FC Barcelona’s extreme £246M salary cap slash brings it down to £85M, Check out how much Real Madrid can spend
Real Madrid Salary Cap- Their base budget was 428 million, to which they added from their own reserves of funds a further 292 million – which would have allowed them to sign Paris St Germain striker Kylian Mbappe for a reported 200 million euros and still have been within the league’s spending limits.
Neither Barca nor Madrid, as well as Athletic Bilbao, accepted a cash injection from private equity company CVC through LaLiga in return for a percentage of their future broadcast rights.
Barca’s drop means that they only have the seventh-highest permitted wage bill in the top flight, behind Real, Sevilla, Atletico Madrid, Villarreal, Real Sociedad, and Athletic Bilbao.
Elsewhere, the lowest budget in the league is Valencia’s 30 million, with Los Che hit hard by the pandemic and poor league performances resulting in a lack of European football.