• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Barcelona ‘ordered to lower wage bill by £177m’

3 years ago
in Features, highlights, Home, home-news, latest News, Lifestyle, Sports
1 min read
0 0
0
82
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Barcelona ‘ordered to lower wage bill by £177m’

Barcelona are reportedly told that they must reduce their wage bill by £177m during the summer transfer window.

The Catalan giants are currently enjoying a much-improved campaign in La Liga, holding an eight-point lead over champions Real Madrid at the top of the standings.

However, while Xavi’s side are excelling on the pitch, there remains uncertainty behind the scenes at Camp Nou due to their well-documented financial situation.

In order to fulfil certain criteria in 2022, the club’s hierarchy secured economical levers and sold percentages of future television revenue.

That approach was taken to enable Barcelona to make a number of high-profile signings, giving them the best possible chance of continuing to compete with Real Madrid.

Although that short-term objective has been achieved, Barcelona missed out on budgeted prize money from the Champions League due to their early exit, instead leaving them with Europa League football for the second half of the campaign.

RelatedPosts

Bill Gates Pledges $1.4 Billion to Help Farmers Adapt to Extreme Weather in Africa and Asia

NorvanReports’ X Space Discussion on Non-Interest Banking and Ghana’s Financial Future Happening at 7pm Tonight

S&P Upgrades Ghana’s Sovereign Rating to ‘B-/B’ on Stronger Fiscal and External Performance

Barcelona must also find solutions for other financial issues further down the line, and La Liga has seemingly informed the current frontrunners of their obligations ahead of 2023-24.

According to reports in Spain, Barcelona must ensure that they lower their wage bill by €200m (£177.16m) when the market reopens in the summer.

That would effectively leave Barcelona to try to raise funds through player sales and potentially renegotiate contracts like they have done in the past.

Barcelona currently hold an interest in extending the stays of club legends Sergi Roberto and Sergio Busquets past the end of the season, but their departures would help boost their efforts to meet the relevant criteria.

The report suggests a number of other players could come into consideration for an exit, including Jordi Alba whose contract is due to expire in 2024.

Franck Kessie, Frenkie de Jong, Ferran Torres, Ansu Fati and Ousmane Dembele are also mentioned as potential options for a sale.

When quizzed on the future of Fati on Thursday, president Joan Laporta said, as quoted by journalist Fabrizio Romano: “We are not thinking of selling Ansu Fati as of now, he’s loved here — then I cannot predict the future. His agent told us there are clubs keen on signing Ansu Fati, yes.”

Although a recent report suggested that Manchester United were admirers of the Spain international, Barcelona are allegedly ready to demand £90m for his signature.

Tags: Barcelona 'ordered to lower wage bill by £177m'
No Result
View All Result

Highlights

South America to Anchor Non-OPEC+ Oil Supply Through 2030

Europe’s LNG Demand Surge Flips Global Gas Market

Norris Claims Pole Position for Sao Paulo Grand Prix as Verstappen Faces Shock Exit

Newmont Restructuring Impacted 16% of Workforce

Premier League: Arsenal’s Winning Streak Ends in Draw; Chelsea Triumphs Over Wolves

GPL: Hearts of Oak and Asante Kotoko set for explosive Super Clash in Accra Today

Trending

Agribusiness

Bill Gates Pledges $1.4 Billion to Help Farmers Adapt to Extreme Weather in Africa and Asia

November 9, 2025

Bill Gates Pledges $1.4 Billion to Help Farmers Adapt to Extreme Weather in Africa and Asia Billionaire...

NorvanReports’ X Space Discussion on Non-Interest Banking and Ghana’s Financial Future Happening at 7pm Tonight

November 9, 2025

S&P Upgrades Ghana’s Sovereign Rating to ‘B-/B’ on Stronger Fiscal and External Performance

November 9, 2025

South America to Anchor Non-OPEC+ Oil Supply Through 2030

November 9, 2025

Europe’s LNG Demand Surge Flips Global Gas Market

November 9, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.