• Advert Rate
  • Privacy Policy
  • Cookies Policy
  • Contact Us
Wednesday, October 4, 2023
  • Login
Nigeria News
Advertisement
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalists’ Hangout
    • Issues With Jide
    • Trending Video
  • Podcast
No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalists’ Hangout
    • Issues With Jide
    • Trending Video
  • Podcast
No Result
View All Result
Nigeria News
No Result
View All Result
Home Football

Barcelona’s spending cap up by almost €800m

Share on FacebookShare on Twitter

La Liga has confirmed that Barcelona’s spending cap for the season has increased by almost €800 million to €656.5m following the sale of club assets this summer.

Barca sold 25% of their domestic television rights for the next 25 years and a 49% stake in Barca Studios for over €700m in total after receiving permission from the club’s members to do so.

That allowed them to spend more than €150m on new signings Robert Lewandowski, Raphinha and Jules Kounde in the transfer window, while Andreas Christensen, Franck Kessie, Hector Bellerin and Marcos Alonso all arrived on free transfers.

It marks a remarkable turnaround from last summer, when the club could not afford to keep Lionel Messi and LaLiga brought their spending limit down to €96m. By January, that cap had been further reduced to -€144m, the only negative limit in the league.

Real Madrid still have the largest spending cap in LaLiga, though. Madrid are allowed to spend up to €683.5m annually on the running of their squad.

Atletico Madrid have the third highest limit, but it is around €300m less than Madrid and Barca’s at €341m. Sevilla (€200m) and Villarreal (€151m) complete the top five, while Elche and newly promoted Girona have the lowest caps at just over €42m.

LaLiga’s spending limit accounts for the maximum amount clubs can spend on wages, bonuses and amortisation payments on transfers across a season, not how much they are necessarily spending.

As Barca have previously been over their limit, they have only been permitted to spend at a ratio of 1:4 — 25% of anything they saved in wages or raised in fees could go on new signings or new contracts — but LaLiga confirmed to ESPN earlier in the summer they are now working at a 1:1 ration once again.

 

ADVERTISEMENT

Trending Stories

S
Latest News

Nigerians Defence Academy Kaduna.

November 30, 2022
We are working to enhance security for train service -NRC
Latest News

We are working to enhance security for train service -NRC

November 16, 2022
Soludo vows to go after killers of Soldiers in Umunze
Latest News

Soludo vows to go after killers of Soldiers in Umunze

October 6, 2022
Gunmen kill five soldiers, others in Anambra community
Latest News

Gunmen kill five soldiers, others in Anambra community

October 11, 2022
FG approves N580.5M for Armoured Vehicles for NDLEA
Latest News

FG approves N580.5M for Armoured Vehicles for NDLEA

October 11, 2022
SWAGA inaugurates women wing in Oyo for 2023 Elections
Latest News

SWAGA inaugurates women wing in Oyo for 2023 Elections

October 10, 2022
Igbo community backs Zamfara on Banditry, pledges cooperation
Latest News

Igbo community backs Zamfara on Banditry, pledges cooperation

October 11, 2022
Yoruba Youth celebrate campaign start off, donate Tinubu banner
Latest News

Yoruba Youth celebrate campaign start off, donate Tinubu banner

October 11, 2022

Trending Video

«
Prev
1
/
225
Next
»
loading
play
Emefiele 's Anchor Borrowers Programme A Huge Scam, Not Transparent - Baba Yusuf
play
POLITICS TONIGHT 03/11/2023
play
Full Interview: Joe Ajaero Speaks On NLC's Support For Labour Party, Suspension Of Nationwide Strike
play
NLC Owes No One Apology For Supporting Labour Party In 2023 - Joe Ajaero
play
WATCH: Edo Deputy Governor, Philip Shaibu Dedicates New Office Before Resumption
play
WATCH: Kemi Fola-Adeyemo Reviews Newspaper Headlines On Tuesday
play
WATCH: Veronica Dan-Ikpoyi Reviews Newspaper Headlines
play
Chicago State University Authenticates President Tinubu's Certificate
play
NLC, TUC Insist On Total Indefinite Strike
play
BKO Congratulates Ibraheem Shitta, Wishes Him Happy Married Life
play
Sam Larry Remain In Police Custody As Probe Into Mohbad's Death Intensifies
play
BKO Invites #IssuesWithJide Fans To #IndependenceDay Special Edition
play
FG Should Resolve All Lingering Issues With NLC, TUC, Not Threatening Them With Court Order - BKO
play
Naira Marley's Friend, Sam Larry Arrested Over Mohbad's Death
play
[LIVE] INDEPENDENCE DAY: INTERDENOMINATIONAL CHURCH SERVICE AT THE NATIONAL CHRISTIAN CENTRE, ABUJA
«
Prev
1
/
225
Next
»
loading
Next Post

Army to expand drug manufacturing company capacity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Currently Playing

TVC News Nigeria LiveStream

TVC News Nigeria LiveStream

01:20:26
ADVERTISEMENT

Health

Ghana officially declares end to Marburg virus outbreak

by tvcnews
October 17, 2022
0

  Ghana has announced an end to the Marburg virus outbreak two months after the disease was discovered in the...

Monkey pox: China cautions citizens against close contacts with foreigners

by tvcnews
October 17, 2022
0

  China's chief epidemiologist Wu Zunyou has cautioned the populace against close contacts with foreigners to prevent the spread of...

Edo stakeholders meet on ways to tackle drug abuse amongst youths

by tvcnews
October 17, 2022
0

  Wife of Edo state governor, Betsy Obaseki, has advocated for a collaborative effort to combat drug abuse amongst youths....

MDCN warns practitioners against unethical practices

by tvcnews
October 17, 2022
0

  The Medical and Dental Council of Nigeria (MDCN) has warned that it will not hesitate to sanction and censure...

FG approves vaccine production plant in Ogun state

by tvcnews
October 17, 2022
0

  The Federal Executive Council has approved the process of establishing a vaccine manufacturing plant in Ota, Ogun State. Dr....

ADVERTISEMENT

TRENDING

S
Latest News

Nigerians Defence Academy Kaduna.

by aarontvc
November 30, 2022
0

They are here for a convocation lecture marking the commencement of graduation activities for the passing out parade of cadets...

Read more
We are working to enhance security for train service -NRC
Latest News

We are working to enhance security for train service -NRC

by TVCN
November 16, 2022
0

The Terrorists attack on the Abuja-Kaduna train on March 28 is still fresh in the memories of Nigerians. With this...

Read more
Soludo vows to go after killers of Soldiers in Umunze
Latest News

Soludo vows to go after killers of Soldiers in Umunze

by TVCN
October 6, 2022
0

Anambra State Governor, Professor Chukwuma Soludo has confirmed the killing of soldiers in Umunze, while also condemning the act. Soludo...

Read more
Load More
Nigeria News

We bring you all the latest and breaking news happening in Nigeria. You will also find interesting headline topics from news from around the world on different topical issues in Politics, Health, Business, Entertainment, Environment, Sports, and more.

Follow Us

  • Advertise
  • Privacy & Policy
  • Contact

© 2022 TVC Communications - Owner of TVC News

No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalists’ Hangout
    • Issues With Jide
    • Trending Video
  • Podcast

© 2022 TVC Communications - Owner of TVC News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In