Barcelona can’t afford January transfers, admits Laporta.
FC Barcelona president Joan Laporta has said his club cannot make any further signings for his team during the January transfer window due to Financial Fair Play rules.
The club have spent heavily this summer following the activation of economic levers – the sale of club assets for future profits – but they cannot do so again in the winter window.
FC Barcelona are in a ‘sound’ financial position thanks to these levers, but they will still be unable to sign players as they seek to maintain their lead at the top of La Liga.
However, despite the ruling, Laporta isn’t happy with the way Financial Fair Play is being implemented and wants La Liga to follow the example of other leagues.
Speaking at an event in Bogota, Colombia, Laporta reflected on the operations of the past few months and revealed that the club are in a place of economic recovery.
“We had to make some levers, which were economic operations that saved the club from ruin, and now the club is in economic recovery.
“He is now in good health with expected revenue of €1.2bn, profit also budgeted at €274m, but despite this, under the rules of financial ‘fair play’ in the Spanish league, we we can’t sign,” Laporta said.
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