Laporta: Barcelona will not include players in the winter transfer market for this reason

Barcelona: Barcelona president Joan Laporta said on Tuesday that his club it will not be in unable to sign new players in January due to fair rules play finance of the League. Laporta said Barcelona’s financial situation is “good”, with expectations of revenues of 1.23 billion euros ($1.27 billion) in this season, while profits are expected to reach €274 million. Laporta told the Spanish news agency: “We had to take stock, which are economic operations, to save the club from the loss. The club he recovered economically in this moment. But despite this, we will not be in unable to sign new players due to the Financial Fair Play regulation of the Spanish league. He added: “We and many others club of the championship we are trying to get the League to have more flexibility and allow us other ways of interpretation that can make Barcelona more powerful”. And Barcelona announced in September that its profits amounted to 98 million euros in the 2021 fiscal year- 2022. To compensate for losses and comply with the rules of the financial game of La Liga, the club had to sell 25% of the local television rights and a 49% stake in the studio of Barcelona for over 700 million euros. This helped Barcelona spend more than €150 million to strengthen its ranks and sign Robert Lewandowski, Rafinha and Jules Conde. Laporta has indicated that Barcelona need to raise revenues and cut costs. However, Laporta stressed that the FFP “must be coordinated” in all European competitions “because there are disparities in this sense”. He continued: “The situation is more flexible in England that in Spain, and that makes no sense to me.” (Reuters)