In the most recent setback to Barcelona’s chances of retaining playmaker Dani Olmo, the Spanish league announced on Tuesday that the team had not complied with Financial Fair Play regulations. In order for the club to “register any player beginning on Jan. 2,” the league claimed that Barcelona “did not present any alternative” to following the rules.
A judge’s decision against Barcelona on Monday was the second straight legal defeat before the end-of-year deadline, meaning the club needed to have another financial lever approved by the league in order to register Olmo. After 2024, Olmo’s contract cannot be registered without the league’s or the court’s support. In August, the Spain international relocated from Leipzig to Barcelona. It has been reported that Barcelona has agreed to sell VIP seats at the refurbished Camp Nou stadium for 100 million euros, or $104 million. According to reports, the club would need that much to add Olmo and forward Pau VÃctor to the roster.
Barcelona’s Registration Woes Continue as League Blocks Olmo Signing
The league claims that Barcelona “did not present any alternative” ideas to meet the financial requirements, which are necessary in order to register any new players as of January 2. For Olmo’s registration to be completed, the club needed further funding, which league officials had to authorize. Even though Barcelona missed the year-end registration deadline, Spanish media sources indicate that the team is still hopeful of reaching an agreement with the league to complete Olmo’s registration.
Each of La Liga’s clubs is subject to a salary cap that is determined by a number of variables, such as income, expenses, and debts. This cap, which generally equates to 70% of a club’s revenue, makes it even more difficult for Barcelona to comply with the league’s financial rules.
