Check on Financial Situation

Barça plans to reduce salary. Current wage bill stands on €528 million for the coming season. When Laporta arrived the wage bill was €708 million. Of these €528 Million about €51M belongs to Lenglet, Dest, Umtiti, Collado, and Maia. 

Barça, on the other hand, has not managed to cut the debt, which remains around €1.4B, although it has extended the terms and reduced the interest. Despite the huge debt, the club hopes not to lose money next season in its ordinary management. The financial hole of recent years has been covered in accounting by the "levers" or sale of assets.

Part of the debt is the €70M that still remains to be paid of the €389M that Laporta found between deferred wages and bonuses for end of career, loyalty... The board directors jointly will have to vouch at the next meeting for €6M at the behest of La Liga, which is demanding this figure since Barça did not fulfill the cuts foreseen in the sections.

Barça has started developing the Espai Barça project and the architects are already working to make the new Palau and have it ready about two years after the completion of the new Camp Nou. It is planned that the funding will come from the investment of €1.5B that was approved by the assembly but other formulas are not ruled out such as entrusting it to a third party.

 As for the use of new levers, such as BLM (Barça Licensing and Merchandising) through merchandising, Barça currently has no plans to do so and if it did, it would be based on the criterion of making it grow as a business. It is worth saying that La Liga has put a stop to the use of levers as a way to clean up Barça's damaged financial fair play and has urged the club to sell players to reduce the excess mass, which prevents the club from signing normally

At last Barça, with the approved treasury plan, will be able to register all the renewed players: Gavi, Araujo, Sergi Roberto and Iñaki Peña.

Note: All the financial numbers listed in the article are provided by Què T'hi Jugues
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