Barcelona president opens up on Olmo registration saga, insists club’s finances under control

Barcelona president Joan Laporta claims the club adhered to La Liga’s regulations to ensure the registration of Dani Olmo and Pau Victor.

The Catalan giants have faced significant financial challenges in recent years, with La Liga’s stringent salary cap restricting their annual wage expenditure for 2024/2025 to €426 million, significantly lower than Real Madrid’s €755 million limit.

After missing financial targets by December 31, La Liga and the RFEF blocked Dani Olmo and Pau Victor’s registrations, despite their temporary approvals in pre-season.

Barcelona’s initial court appeals were rejected, but intervention by the Spanish Government’s National Sports Council (CSD) ultimately allowed their provisional registration for the 2024/2025 season.

La Liga announced last week its opposition to the CSD’s decision and confirmed plans to appeal. Several clubs have also condemned the government’s involvement, warning that it establishes a concerning precedent.

Speaking on Tuesday, Laporta revealed that he had finalized a deal to sell Camp Nou’s VIP boxes to Middle Eastern investors and secured a new seven-year kit sponsorship agreement with Nike, moves designed to stabilize the club’s finances and comply with La Liga’s requirements.

“We submitted the documentation on December 27. We sent it within the deadline, but between December 27 and 31, La Liga asked us to complete the documentation,” he said.

“We thought we had the break-even on December 31 and La Liga asked us for additional requirements that were not included.

“There was no improvisation whatsoever. We established a very detailed strategic plan from the outset and it has been evaluated as the weeks have gone by.

“The deal has been completed thanks to the work and talent of all the executives. They are doing an extraordinary job.

“The contract with Nike triples what we were charging and would have been done regardless of the FFP requirements.”

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