gp11177

Barcelona Closer to €7 Million 1:1 FFP

 gp11177

Mundo Deportivo

In a historic financial move today, FC Barcelona board of directors voted unanimously in support of a €7 million guarantee to pay for a portion of a budget shortfall caused by the club’s various sporting departments. It was done at an extra-ordinary meeting that lasted precisely one hour and one minute—an affirmation of the board’s commitment to keep the club’s economic integrity under La Liga’s stringent 1:1 Financial Fair Play (FFP) rule.Unqualified acceptance of that deal by accountants and by La Liga Unqualified acceptance of that deal by accountants and by La Liga is still needed for Barcelona to exchange.

 mga1682

The club’s financial strategy also included trimming the wage bill through player exits like Ansu Fati’s loan to Monaco (€8 million freed) and Clement Lenglet’s departure (€6 million)
Barca UniversalA substantial government support from the DR Congo (€10–11.5 million annually for four years) also contributed to paving the way towards meeting the numbers required

If La Liga eventually give greenlights:

the VIP seat agreement and accountants seal their approval, Barcelona will thus be cleared to build up the team before the next season—a huge commercial and sporting win for the club.

Barcelona is still tactically making its way through the last phases of FFP compliance. The €7 million guarantee is a timely buffer, safeguarding even potential financial deficits from deterring them away from full registration freedom.

#FCBARCELONA#LALIGA

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *