The financial rules for La Liga clubs will become more stringent.
Barcelona spent more than EUR150m last summer despite EUR1. 3bn in debt and significant financial losses. The club was able to circumvent spending limits set by La Liga by selling assets, which blue garnet president Joan Laporta described as economic leverage.
So, Barcelona sold 25% of the income from TV rights to La Liga matches for the next 25 years, as well as 49. 9% of the shares of Barca Studios. This allowed Barca to significantly increase revenues in a short time and made it possible to be active in the transfer market.
After that, some Spanish clubs thought about similar actions - for example, Betis.
Thanks to the new financial rules that La Liga will introduce, such actions will no longer be possible, writes Diario Sport.
La Liga will ban clubs from selling the necessary assets to increase the salary cap. For example, it will not be possible to sell the rights to the stadium for these purposes. Clubs will be allowed to sell audiovisual and other rights, but only on the condition that their value does not exceed 5% of the club`s total income. Everything that exceeds this bar will not be taken into account when calculating the salary limit.
Selling and then repurchasing assets at a bargain price in order to increase the limit will be penalized.
Clubs will be required to submit a business plan, from which it will be seen that after the sale of assets they are guaranteed to be able to pay the salaries of the players for two seasons.
Previously, clubs forecast by win football tipsters could spend 25% of the amount they saved or earned on sales, but now they will be allowed to spend 40% of it, with the guarantee that they can pay the salaries of new players.
La Liga will change the financial rules for clubs. Barça-style leverage won`t help sign newbies anymore Football prediction - more details and information: Football prediction
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