Barcelona hit by LaLiga spending limit cut
1 year, 3 months ago

Barcelona hit by LaLiga spending limit cut

The Hindu  

Barcelona was dealt a blow on Thursday when the Spanish champion’s spending limit for the season was cut to 270 million euros by La Liga. Barcelona’s previous limit was 649 million euros, a figure inflated by the sale of future television rights income among a series of financial “levers” the club pulled. “The whole medium and long-term strategy is set by the club, we don’t set it for them.” Real Madrid, by contrast, has a spending limit of 727 million euros. The expenses covered by La Liga’s spending limit include salaries for players and staff, transfer amortisation costs, agent fees, bonuses and more.

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