Barcelona heaps blame on La Liga

Barcelona are going through a tough financial situation, and the club is pointing finger at the financial constraints placed on them by La Liga.

Barcelona have heaped blame on the La Liga for their tough negotiations with Manchester United for Frenkie de Jong.

The Dutch midfielder is a key target for Erik ten Hag’s team this summer, as he seeks to rebuild his squad at Old Trafford.

United had a bid rejected that was valued at around £52 million. But Barca do want to sell de Jong to balance their books.

However, La Liga has mandated that Barca must balance their books before they can register new players and make other signings, per ESPN.

La Liga rules mean that only one-third of the money they bring in from transfers can be reinvested in the team.

Barcelona find themselves in a precarious situation, which has slowed down the club’s transfer activities.

Meanwhile, there’s good news for the club as Barca has received a major boost in improving the club’s financial situation after the board approved two measures that will provide the club with a huge cash injection.

Barcelona are under financial pressure to balance their books ahead of the deadline in the coming weeks with their financial year ending on 30 July.

According to Metro, Barcelona’s board members have voted in favour of the sale of future merchandising and television rights.

The successful vote gives club president Joan Laporta and his directors the green light to sell 49.9% of the club’s Barca Licensing and Merchandising (BLM) subsidiary and 25% of its La Liga television rights revenues over the coming years. Both were passed by huge majorities — 88% for BLM and 84% for TV revenues.

Reports suggest the moves could bring in close to £600million which will be used to offset the club’s debt – which stands at over £1billion – and improve the playing squad this summer.