Barcelona president Joan Laporta recently addressed the media, confirming Xavi Hernandez's continuation as manager and shedding light on the club's future plans. Among the revelations, Laporta dropped a significant bombshell that could have a profound impact on Barcelona's summer transfer activity.
Return to the 1:1 Financial Fair Play (FFP) Rule Laporta announced that Barcelona is nearing a return to the 1:1 FFP rule, which would be a major boost for the club. Under this rule, Barcelona would be allowed to spend every euro they generate through sales or sponsor deals, or save from their wage budget, on new signings.
"We are working to try to achieve the 1:1 rule to be able to incorporate players," Laporta confirmed. He mentioned that La Liga has acknowledged the club's efforts to reduce the wage bill, indicating progress towards meeting the 1:1 condition.
While La Liga's approval is still pending, Laporta expressed optimism, stating, "At the moment, LaLiga’s approval has not been given. They have told us that we are on the right track."
Financial Recovery and Future Plans Laporta provided insights into the club's financial situation, highlighting the progress made with the "Espai Barça" project and the anticipated return to 65% capacity at the stadium in December. He emphasized the importance of achieving financial stability for the club's future.
Despite the impending return to the 1:1 rule, Laporta assured that the club would not engage in senseless operations. However, the move would offer Barcelona greater freedom in the transfer market, potentially allowing them to pursue top targets like Bernardo Silva.
Overall, Laporta's announcement signals positive developments for Barcelona, indicating a path towards financial recovery and increased competitiveness in the transfer market.