WILL BARÇA SOON BE ABLE TO OPERATE UNDER THE 1/1 RULE?
Barça transfer market is getting complicated! Doubts about the return to the 1/1 rule this summer
Published:14/08/2024 - 09:38h
Updated:14/08/2024 - 10:10h
FC Barcelona is seeing more and more difficulties in starting to operate under the 1/1 rule in regards to signings, which will certainly greatly complicate the next additions that the culé club could try to make
The FC Barcelona continues in its arduous task of restoring a stable financial situation in the eyes of LaLiga and the 'Fair Play' Financial regulations, with the goal of being able to operate once again under the 1/1 rule. This regulation basically allows the Barcelona team to invest in signings every euro they obtain from sales in the transfer market.
It is important to remember that, at this point, the Catalan team was in a pressing situation to meet this requirement. Why? Due to the non-payment of €40 million that Libero Football Finance was supposed to pay since June 15, 2023, for the acquisition of a stake in Barça Studios. This debt increased to €100 million by June 2024, as the German company committed to pay another €60 million, which also did not make it to the club's coffers.
Now, despite the efforts made by the club to reverse this situation, being very close to covering the deficit generated by the €40 million unpaid by Libero, they still need to cover the remaining €60 million to stop being penalized. These €40 million help to balance the outstanding debt from the previous summer (2023). However, the €60 million that have not yet been paid correspond to the budgeted amount for this summer of 2024.
The €60 million put FC Barcelona in check to start operating under the 1/1 rule
These €60 million are crucial for Barcelona to comply with the 1/1 rule. However, as reported on 'RAC1', it seems that this situation will not be resolved soon, and no news is expected at least until the end of August. This forces the Catalan team to consider selling players, reduce salaries, and increase revenues if they want to make new acquisitions.
In addition, the resolution of this situation could depend on an agreement with Nike, which would be positive to comply with the 1/1 rule. There is also mention of the remote option of resorting to guarantees, a complex solution, but one that LaLiga could accept. What is clear is that, for now, the Catalan team continues to work on reducing expenses to be able to register their new players, as they currently operate as an overspent club.
