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La Liga has lowered Barcelona’s salary cap by more than 288 million euros.
The cap was € 671 million last season and has now been set at € 382.7 million, a drop of € 288.3 million.
The total salary limit for the 20 La Liga clubs is 2.33 billion euros, 610 million less than last season.
Real Madrid was reduced to 468.5 million euros from 641 million euros, while Atlético de Madrid to 252.7 million euros from 384.5 million euros.
The salary cap imposed by the League in Barcelona for the 2020-21 season was lowered to 382.7 million euros, a big drop of 288.3 million euros over last season’s 671 million euro limit.
– Samuel Marsden (@samuelmarsden) November 17, 2020
Each club already knew theirs, but La Liga released the figures today for reasons of transparency.
The COVID-19 pandemic has had a massive impact on the figures available for each club, with Barcelona more affected than anyone.
💥 LAST MINUTE | @The league publishes the salary limits of the teams for this season
1⃣ @Real Madrid 468,529 million euros
2⃣ @fcbarcelona_es 382,717
3⃣ @Athletes 252,720 pic.twitter.com/9tFmZ1tdl5
– The Partidazo de COPE (@partidazocope) November 17, 2020
Javier Tebas, president of La Liga, had already made clear the serious economic problem that the pandemic has caused in Spanish football and spoke with Marca about the need to reduce expenses.
“We still have an overspending of around € 500 million because clubs cannot change players with contracts,” he said. “An exercise has been done to reduce wages. The most affected in Spain are Valencia, Barcelona and Real Madrid.
“The bigger the club, the more it will be affected. It will be difficult for players to join the winter market. “
The words of Thebes have been reflected in the figures: last summer there was a 66% reduction in player purchases compared to the summer of 2019.
Featured image courtesy of ESPN.
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