In a further setback for FC Barcelona, Spain’s La Liga has confirmed that the club cannot register midfielder Dani Olmo for the remainder of the season due to non-compliance with Financial Fair Play regulations. This announcement represents a substantial challenge to Barcelona’s ambitions to retain this talented player.
BARCELONA, Spain (AP) — La Liga officials said Tuesday that FC Barcelona had failed to meet necessary Financial Fair Play standards, dealing a blow to their hopes of incorporating Dani Olmo into the their workforce.
According to the league, Barcelona “did not present any other” alternative proposals to comply with the financial guidelines, which are essential to register any new players from January 2. The club needed additional financial support, which had to be approved by league authorities, to facilitate Olmo’s registration.
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The move follows a recent legal ruling against Barcelona, marking the second consecutive defeat in court as the club approaches the crucial end-of-year deadline for player registrations.
Without court support or league permission, Olmo’s contract faces an uncertain future, unable to be registered beyond 2024. The Spain international left RB Leipzig for Barcelona in August, and the club is keen to secure its services.
In an effort to shore up its finances, Barcelona has reportedly negotiated a deal to sell VIP tickets to the newly renovated Camp Nou stadium, estimated to bring in around 100 million euros ($104 million). This financial injection could be decisive in allowing the club to add both Olmo and striker Pau Víctor to its ranks.
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Despite missing the end-of-year registration deadline, Spanish media reports suggest Barcelona remain optimistic about negotiating a solution with the league to finalize Olmo’s registration.
La Liga imposes a salary cap on each of its clubs, calculated based on various factors, including revenue, costs and debts. This cap corresponds to approximately 70% of a club’s revenue, further complicating Barcelona’s ability to maneuver within the league’s financial regulations.
In recent years, FC Barcelona has faced difficulties registering new signings due to ongoing financial problems. The club has had to resort to several financial strategies, including the sale of future television rights, all resulting from tax challenges which led to the high-profile departure of Lionel Messi in 2021.
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