Barcelona looking for ways to improve Financial Fair Play

Date:

Photo By David Zorrakino/Europa Press via Getty Images

It’s not a new occurrence when one mentions that Barcelona want to strengthen the first team in the winter market itself. But, both the sports management team and the coaching staff know that they’ve hit a big wall in the name of Financial Fair Play limits, imposed by La Liga on the club.

“We disagree. They penalized us for being eliminated from the group stages of the champions league, but they don’t take it into consideration that if we win the Europa league, we will be very close to the budgeted amount.”, people from Barcelona say.

The club is looking for a right back and a midfielder on a priority basis. After the recent meetings, it’s already known that it will be practically impossible if the status quo remains the same. Hector Bellerin will likely play in that position along with Sergio Roberto and Jules Kounde.

In summer the priorities will be something else. So yes, reinforcements will arrive at that time but it’s necessary to fulfill the promises made a few months ago to some current squad players. It’s necessary to update the file of Araujo and Gavi, who have reached an agreement for an extension already but their contract registration is pending to comply with the FFP regulations.

In addition, Barcelona faces the renewal of two other players from the youth academy who are part of the first team. One of them is Ter Stegen’s substitute goalkeeper, Iñaki Peña. The La Masian keeper’s contract is set to expire on June 30th and he has agreed to renew it for three seasons. The announcement could be made even before the end of the year and its file should also be updated.

A similar case is of Alejandro Balde. The left-back has been the emerging star of the season and made his world cup debut this season itself, such has been his impact. The extension agreement has been finalized for 3 years and if the club manages to make enough space to accommodate him while complying with the regulations, he’ll be registered in January. The idea is to give number 13 to Iñaki Peña and 12 to Alejandro Balde.

To meet these objectives, Barcelona need to increase their income. The primary way could be by selling Memphis Depay to another club, whose contract ends next summer and this could be the last opportunity to cash in on the Dutch forward.

The club also seeks to increase revenue through a marketing area led by the vice president, Juli Guiu. An agreement has been made between the club and Whitebait, the Ukrainian cryptocurrency company. The club will earn €30 million over the span of three seasons, which roughly comes down to €10 million per season.

The announcement of the deal disappeared from the website after a day it was made official, but the club explained that they’re reviewing some points. If the agreement was broken, the club would earn the penalty clause.

Another objective is to close the sleeve sponsorship deal for the first team shirt, which has been free since last summer after the deal with Beko expired. “Whoever wants to advertise through the Barcelona jersey must pay for it”, the club says.

There were advances with Nexo, another cryptocurrency company, but the board was never in favor of wearing an advertisement of this sector on the first team shirt. There have been contacts with other companies which pay more, such as Cupra. More meaningful advances will follow in the coming days.

La Blaugrana also lost one of its captains just before the world cup. Gerard Pique bid farewell to his childhood club, also remitting the pending salary as a helpful gesture. It is estimated that this clears up a space of about €5 million in the FFP limits for this winter which might give some room for maneuvering during the transfer window. It will also help lower the wage bill for the next season.

Recommended Articles

Related Articles

Fabrizio Romano gives positive update about priority Barcelona target

After a rather long wait, it seems that FC Barcelona are edging closer to their ultimate goal. Following...

Barcelona name their price as Al-Hilal negotiate for €30m forward

To make their desired addition in this summer transfer window, FC Barcelona will have to raise a significant...

Man City’s interest in Dani Olmo should not worry Barcelona for now

It would appear that FC Barcelona are not yet as consolidated in the summer market as they would...

Fabrizio Romano says ‘it’s over’ between Barcelona and ‘highly criticized’ player

The former Barcelona captain, Sergi Roberto, is facing a very peculiar situation regarding his future at the Catalan...

PSG ready for whatever it takes to sign key Barcelona target

FC Barcelona will have to contend with some serious competitors this summer. While the season itself will reveal...

Barcelona seem keen on latest Saudi Arabian offer for €30m player

In this summer transfer window, Vitor Roque will be one of the players with a very uncertain future...

€60m Barcelona target receives offer from Manchester City

It is clear as day that FC Barcelona have no intention of sitting back quietly during this summer....

Injured Barcelona star shares positive message amidst his recovery

FC Barcelona have many injured stars at the moment who are in the process of recovery. As for...

Flick commits to adapting the same style as ‘Cruyff or Pep’ in first Barcelona presser

Today could turn out to be a historic day for FC Barcelona as the new coach, Hansi Flick,...

Hansi Flick ready to ‘wait’ for €25m Barcelona player despite latest injury setback

Ansu Fati was regarded as the next big thing coming out of La Masia. At the age of...

Barcelona looking for another unique kit sponsor – report

With their finances highly strained, FC Barcelona will have to work a lot to be able to make...

Barcelona now cautious of PSG’s interest in key €70m target

It is understandable that Barcelona would not be the only club to pursue the most prominent of summer...