dinostar77
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Its going to be an interesting summer. Even if frenkie was made available for transfer and he agreed to leave the club of his dreams. Will we have the transfer funds to do anything?Here's the full analysis by MD analyst Marçal Lorente, who's article was shared by Tebas. Translated from Spanish so, can be a bit jarring.
"Why can't I sign or register after having deposited 740 million with 4 levers? The problem began in the full season of Covid (20-21), in which all the clubs, and especially Barça, suffered a collapse in their income but took measures to mitigate the losses with salary cuts, transfers or asset sales. . However, Laporta did not fully do it and closed with 487 million losses, 244 were voluntarily inflated according to the auditor of some disgruntled players (others had been revalued) and provisioning for legal proceedings. At the same time, he gave away the greatest asset, Messi, of whom he said in the campaign that "Messi is not the problem, our studies show that he generates much more than what he charges, he contributes a third of the club's income." In other words, he dispensed the club with 300 million income when Laporta needed it most.
One day it will be known why in 24 hours Laporta went from having an agreement to renew him to letting him go to PSG, when there were 23 market days left and Leo was not asked, no more effort.
Those 487 million losses have weighed down Barça's salary limit. In the following seasons, according to the annual report, 2021-22 presented 98 million profits, but without the 266m from the lever, the result of proper management would be 168 million losses. In the current season, income of 1,255 million is expected, including a lever of 400m. Without this, income would be 855 million against expected expenses of 1,065m. In other words, 210 million ordinary management losses, which added to the 168m of last season give 378 million losses in 2 years. If we add the 487 of the 20-21 season, there are 865 million lost in the last 3 years. A large part of the extraordinary income (levers) has been to compensate them. Instead of reducing the high wage bill, it has increased by 27%, Raphinha (65M) and Ferran Torres(55M),various substitutes and the pending wages of players that are no longer at the club.
On the other hand, ordinary income (without levers), which should have increased, has fallen by 14%, from 990M in the 2018-19 season to 855M in the current season. Barça, which was the club with the highest income in the world in recent years, is now the seventh, according to the Deloitte report, largely due to playing in the Europa League these last two years. In short, expenses have increased, income has decreased and the levers have been to offset ordinary losses and to pay for bad signings. The league no longer allows the income from selling future assets (levers) to be calculated at once, but must be divided by the years for which they have been sold. The league tells Barça that if you lose 865 million in 3 years, you have exceeded the salary limit, and the levers are no longer worth it to cover ordinary losses, you must reduce your salary mass by 200 million, which is now 656m. That means, not signing players but selling players in June. Otherwise the viability of the club will be at risk."
https://www.mundodeportivo.com/futbol/fc-barcelona/20230129/1001927723/liga-le-mania-barca.html
Gavi, Pedri, Fati? and Stegen from an outsiders perspective must be the unsellable assets. Everyone else is expendable i would presume if the worse came to pass for them this summer.