La Liga Cuts Barcelona Salary Limit Amid €100M VIP Seat Dispute
La Liga Cuts Barcelona Salary Limit Amid €100M VIP Seat Dispute

La Liga Cuts Barcelona Salary Limit Amid €100M VIP Seat Dispute

News summary

FC Barcelona's financial troubles have deepened as La Liga has excluded a €100 million sale of VIP seats from the club's salary cap calculations, leading to a significant reduction in their ability to register new players Dani Olmo and Pau Victor. The sale, initiated in December and financed by Forta Advisors and New Era Visionary Group, was intended to help the club comply with Financial Fair Play regulations, but doubts raised by the new auditor, Crowe Spain, about its legitimacy have complicated matters. La Liga stated that Crowe did not recognize the full €100 million as income due to the incomplete renovations at Camp Nou, which has led to the club exceeding acceptable financial limits. As a result, Barcelona's salary limit has been slashed, impacting their immediate signing capabilities and pending registrations. The situation is further complicated by an ongoing investigation into the auditor's role in the transaction, with La Liga planning to file a legal complaint. The Higher Sports Council is expected to issue a ruling on Olmo and Victor's registrations soon, amidst speculation that it may favor the players despite Barcelona's financial constraints.

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