Barcelona told reduce wage bill by €200m

Spanish LaLiga side, Barcelona, have been told to reduce wage bill by €200m (R3.7 billion) by LaLiga according to Mundo Deportivo.

The club’s financial woes are well documented having sold off several assets last season in order in order to fund the signing of Robert Lewandowski, Jules Kounde and Raphinha.

According to Mundo Deportivo, La Liga have told the Catalunya-side that they need to reduce their wage bill by around €200m by the end of the current season in order to use financial levers.

The report goes into details about the club’s financial problem is the reason why new contracts for Gavi and Ronald Araujo can’t be registered even though Memphis Depay and Gerard Pique have left.

This means that the club must raise by money by selling top players, reducing salaries and trying to bring in lucrative sponsorship deals.

The club has a number of high profile players head towards the end of their contracts such as Sergio Busquets, Sergi Roberto and Hector Bellerin.

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