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Barcelona one step away from escaping financial restrictions

Barcelona one step away from escaping financial restrictions
Catalonia’s famous club, Barcelona, in recent years faced numerous problems linked to financial restrictions, transfer market limitations, and La Liga’s “1:1” rule. However, finally, the end of this tough period seems to be in sight, writes Diario Sport.

Reportedly, the club is trying to ease its financial burden by collecting nearly €100 million through selling the usage rights of VIP seats at Camp Nou. With this money, the club aims to restore its right to freely act in the transfer market.

The latest report from the independent audit company Crowe Spain evaluates Barcelona’s plan as a practical and financially sound solution. Specifically, it proposes to offer 457 VIP seats to various investors and include the resulting funds in the current season’s financial report.

So far, the club has raised €58 million. Forta Advisors Limited has already paid €28 million, and New Era Visionary Group has contributed €30 million. However, the remaining €42 million is still being sought from new investors.

If the full amount is collected, the transfer restrictions imposed by La Liga will be lifted, and the club will be able to sign players freely again. This would give the team a major advantage heading into the new season.

Additionally, the club will need to part ways with certain players to reduce the burden on the wage bill. Mainly those who are less active or earning high salaries will be considered.

The Catalan club is on the verge of financial freedom. If everything goes according to plan, Barcelona will become one of the top players in the summer transfer window. Fans are eagerly awaiting the club’s next era of brilliance.
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News » Sport » Barcelona one step away from escaping financial restrictions