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Barcelona finally register most summer signings after triggering fourth financial lever

Barcelona have finally managed to register most of their summer signings ahead of the start of the new LaLiga season this weekend, with only Jules Kounde still to be registered.

Xavi Hernandez’s side kick off their season against Rayo Vallecano at Camp Nou on Saturday, but the build up to that fixture has been dominated by the club’s race against time to get all their new arrivals registered.

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Barca have spent over €150 million this summer on Robert Lewandowski, Raphinha and Kounde, while Andreas Christensen and Franck Kessie both arrived on free transfers.

Prior to Friday, however, none of them had been registered with LaLiga due to the league’s strict financial regulations.

The new contracts agreed by Ousmane Dembele and Sergi Roberto had not been signed off by the Spanish league either. However, that duo were also able to be registered on Friday — along with Lewandowski, Raphinha, Christensen and Kessie — following the sale of another 24.5% of Barca Studios.

Barca’s summer spending has been funded by the sale of club assets, with each deal dubbed a “financial lever” by president Joan Laporta.

They sold 25% of their domestic television income for the next 25 years to Sixth Street in two separate packages worth €511m in total. They then sold 24.5% of Barca Studios to Socios.com for an additional €100m.

However, despite raising over €600m, Barca were told by LaLiga last week they would need to sell more assets — or further reduce their wage bill — to be able to register all their new signings.

Barcelona will now have to free up salary space in order to register Kounde. Because they are no longer exceeding their squad limit, though, the club will now just have to free up the equivalent salary space to what Kounde will cost.

On Friday Barca, whose gross debt still totals over €1 billion, closed a deal with Orpheus Media to sell off another 24.5% of Barca Studios for €100m.

Meanwhile, they are also re-negotiating Gerard Pique’s contract with the defender to create further salary space.

Speaking earlier on Friday, Xavi said he was optimistic that most of his new recruits would be available to him against Rayo Vallecano.

“We are working on it, we’re positive,” he said at a news conference. “We have announced the fourth lever and we will see tomorrow, maybe not all 100%, but we are optimistic. We have time until tomorrow.

“It hasn’t had much influence because working on systems, tactics, different variations… One player can play or another because we are doubled up in positions. We work on positioning, systems, variants… so not much changes. But right now, I repeat, we are very optimistic about the registrations.”

All Spanish clubs must adhere to a spending cap for the season, which includes money spent on wages and transfer fees, which are amortized over the length of the contract.

The cap is loosely a club’s revenue minus outgoings and debt repayments and is applied prospectively. Barca’s cap was -€144m at the end of last season, the only negative limit in Spain, but it will rise significantly following the four financial levers triggered this summer.

Barca are not the only club having problems registering their players with LaLiga. Real Betis still have a handful of players not yet inscribed for the new season, while other clubs, including Sevilla, Celta Vigo and Girona, have had to wait until this week to register their summer activity.

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Barcelona signings, news, debt, how did Barcelona sign players? Spotify sponsorship, Frenkie de Jong latest

Barcelona’s attempts to establish themselves once again as a force in La Liga and the Champions League this season have seen the heavily-indebted Catalans gamble with their future to enable a striking summer spending spree.

A year after being forced to let Lionel Messi go as eye-watering reported debts of 1.35 billion euros (A$1.96 billion) crippled the club, Barcelona have spent 153 million euros (A$222m) on transfer fees alone to strengthen their squad, with Robert Lewandowski the most notable new arrival.

“This is a really exciting season. Nothing would give me more pleasure than to make all the fans happy,” coach Xavi Hernandez said before last weekend’s 6-0 friendly win over Mexican side Pumas UNAM.

“That means winning trophies. That is our main objective.”

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After three years of struggles, on and off the field, the summer has seen hope return to the Camp Nou, with president Joan Laporta talking of an exciting “new era” when the club unveiled Lewandowski as a Barcelona player.

“Euphoria” was the headline on the cover of local daily Sport the same day. Even partisan Madrid-based sports daily Marca admitted that Barca were “frightening” in the wake of their drubbing of Pumas UNAM last weekend, when Lewandowski scored his first goal since his arrival from Bayern Munich.

Yet how Barcelona have gone about raising the funds to sign Lewandowski, as well as centre-backs Jules Kounde and Andreas Christensen, AC Milan midfielder Franck Kessie, and Leeds United’s Brazilian winger Raphinha have raised eyebrows.

Faced with severe limits on spending in order to comply with La Liga’s financial controls, Barcelona knew they needed to raise money quickly to be able to invest in any signings and, crucially, to register any new players.

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– PULLING ‘LEVERS’ –

They quickly set about selling off assets to bring in money by activating a series of what have been called economic “levers”.

The club sold 25 per cent of their domestic television rights for the next quarter of a century to US investment firm Sixth Street for some 400 million euros.

Barcelona sold 24.5 per cent of Barca Studios, which manages the club’s digital business and audiovisual productions, to Socios.com for 100 million euros on August 1, and then another 25 per cent to US investment firm GDA Luma for 100 million euros more.

In the space of a few weeks, 600 million euros had been brought in to fill the coffers.

The aim was to clean up the club’s finances, make it possible to increase the salary limit set by La Liga and allow the new signings to all be registered for the start of the season.

On top of that, Barca signed the biggest sponsorship deal in their history with Spotify, bringing in a reported 435 million euros for the music streaming giant to feature on the club’s shirts and to have naming rights to the Camp Nou.

All up, that series of deals totals 1 billion euros – so Barcelona look well placed to become serious title contenders again as they prepare to host Rayo Vallecano this weekend.

Only time will tell if mortgaging part of the club’s assets in exchange for an immediate influx of cash will bear fruit.

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– DE JONG TO LEAVE? –

Yet, Barcelona are still waiting for La Liga to allow them to register their five new signings, although they hope to be able to do so in time for the season starting this weekend.

They are also hoping to further ease their financial problems by reducing their wage bill.

The Catalans have been trying to persuade Frenkie de Jong to leave, with suggestions even made that a contract he signed in 2020 was not legal. The Dutch midfielder says he wants to stay.

FULL STORY: Barca threaten legal action over contract drama — Rumor Mill

Martin Braithwaite, Samuel Umtiti and Memphis Depay are also candidates to depart the Camp Nou, with the latter reportedly a target for Juventus.

On top of that, efforts have been made to persuade certain players, including Gerard Pique and Sergio Busquets, to accept wage reductions.

Barca’s “economic miracle”, as the press have called it, still has to be transformed into a footballing miracle.

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Wesley Fofana to Chelsea, Manchester United, Barcelona, ​​Frenkie de Jong contract, Arsenal, Chelsea, record transfer, defender

Barcelona have reportedly threatened legal action over Frenkie de Jong’s contract, after the Spanish giants claimed to have found evidence of criminality on “the parties who signed” the upgraded deal.

According to The Athletic’s David Ornstein, the Catalan club is hoping to either sell the Dutch star or revert the deal back to what it was before to help solve their financial woes.

De Jong has been heavily linked with a transfer to Manchester United, although Chelsea recently emerged as a potential suitor for his services.

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Meanwhile, striker Timo Werner is close to finalizing his death with RB Leipzig after arriving in Germany for his medical.

The 26-year-old rose to footballing stardom during his first stint with the club, and became one of the biggest names on the transfer market before being snatched up by Chelsea two years ago.

While Chelsea may lose Werner, the Blues are heavily linked with another emerging star who they could sign on a world record fee.

Here’s all the news and gossip in the latest edition of our Rumor Mill!

BARCA THREATEN LEGAL ACTION

Barcelona’s financial woes are in dire need of a solution recruit after La Liga rejected their attempt to register new players, including star Robert Lewandowski.

Frenkie de Jong has been linked with two of the biggest clubs in England, with a transfer shaping up as a potential solution to their money drama.

But the de Jong saga at Barcelona has reached a dramatic new twist with the club reportedly threatening legal action over the stars renewed deal.

Barcelona's Dutch midfielder Frenkie De Jong reacts during the 57th Joan Gamper Trophy friendly football match between FC Barcelona and Club Universidad Nacional Pumas at the Camp Nou stadium in Barcelona on August 7, 2022. (Photo by Pau BARRENA / AFP)
Barcelona’s Dutch midfielder Frenkie De Jong reacts during the 57th Joan Gamper Trophy friendly football match between FC Barcelona and Club Universidad Nacional Pumas at the Camp Nou stadium in Barcelona on August 7, 2022. (Photo by Pau BARRENA / AFP)Source: AFP

De Jong signed a two-year contract extension with the club on October 20, 2020, which kept him at the club for longer but reduced his salary in the short-term.

It’s believed the Netherlands international is owed €18 million ($26m AUD) in deferred wages, which the club is hoping to annul.

David Ornstein has reported that the deal presented by the club’s previous board involved alleged “criminality” and provides “grounds for legal action against those involved”.

Previously, Barcelona president Joan Laporta had insisted that he wants de Jong to remain at the club.

“Frenkie’s our player and we want him to stay at Barcelona, ​​he wants to stay too,” Laporta said.

“With him and his teammates, we have a very powerful midfield. He has offers, but we want him to stay.”

RED DEVILS TO SIGN FRENCH MIDFIELDER

Manchester United had identified midfielder Fabian Ruiz as a possible alternative to de Jong and it appears the deal is progressing, as Erik ten Hag looks to complete his fourth signing.

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Guardian revealed an agreement has been reached between Juventus and Manchester United for £15 million ($26 million AUD).

Rabiot has had a decorated playing career so far, having won Ligue 1 with Paris Saint-Germain on five occasions, and he’s also a Serie A winner.

WERNER TO COMPLETE MOVE

Chelsea striker Timo Werner is on the cusp of returning to RB Leipzig, after arriving in Germany for his medical.

Tim Werner.Source: AFP

Werner had an underwhelming spell at the Blues, but is set to return to the club where he really made his name in world football.

The 26-year-old scored 90 goals and had 40 assists in his 156 games for RB Leipzig, before leaving in 2020.

CHELSEA BIG SPEND CONTINUES

Leicester defender Wesley Fofana could be wearing another navy jersey this season, as Chelsea prepare to launch a world record bid this week.

Football Londonunderstand that the Blues will attempt to sign their second center back of the English summer, after announcing Kalidou Koulibaly.

It’s believed that Fofana is pushing for a move away from the Foxes, even though coach Brendan Rodgers has insisted that he’s not for sale. According to the report, Chelsea are preparing a bid that would smash the world record for the highest fee paid for a defender — currently the 87 million euros ($A127m) Manchester United paid for Harry Maguire in 2019.

ONE OR THE OTHER

Barcelona will not sell Pierre-Emerick Aubameyang and Memphis Depay, as both players continued to be linked with transfers away from the Camp Nou.

Football insider Fabrizio Romano has said that no discussions have been held between Chelsea and Barcelona over Aubameyang, although he is on their “list”.

BARCELONA, SPAIN – AUGUST 07: Pierre-Emerick Aubameyang of FC Barcelona celebrates after scoring his team’s fifth goal during the Joan Gamper Trophy match between FC Barcelona and Pumas UNAM at Spotify Camp Nou on August 07, 2022 in Barcelona, ​​Spain. (Photo by Alex Caparros/Getty Images)Source: Getty Images

The former Arsenal captain could be set for a sensational return to England with London rivals Chelsea, although he’s happy in Spain.

Meanwhile, Depay is reportedly negotiating a free agency with Juventus interested in acquiring his services.

BOLOGNA MAKE IT CLEAR

Bologna director Marco di Vaio has made it quite clear that the Italian club want to retain striker Marko Arnautovic, amid rumors of an offer from Manchester United.

The Red Devils reportedly had a bid for the 33-year-old striker rejected.

“Man United on Arnautovic? We’re proud of Man United’s interest for Marko bur we are not planning to sell him,” di Vaio said.

“We want to keep him at Bologna as president said, he’s a key part of our project – there’s not even a price tag.”

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Barcelona’s Robert Lewandowski says farewell to former Bayern Munich teammates during brief visit

New Barcelona striker Robert Lewandowski said farewell to his former Bayern Munich teammates and club staff during a brief visit to the Bundesliga champions’ headquarters on Tuesday, despite his rocky departure from the club.

The Poland forward, who scored 344 goals for Bayern in 375 games during his eight years in Germany, joined Barca in a deal worth €45 million last month after forcing a move away.

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Lewandowski and Bayern bosses have publicly criticized each other over the transfer, with the striker saying there had been a lot of “politics” from Bayern who he said were “trying to find an argument” to sell him.

Bayern in turn said the situation had been caused by the player who asked to leave despite having a contract to 2023.

“Everything is fine,” Lewandowski told Sky television from his car before driving away from the club offices. “I met everyone and thanked them. I will never forget what I received here and what I experienced.

“That is the most important thing for me. Last week was a bit complicated but sometimes this is part of football.”

Bayern sporting director Hasan Salihamidzic spoke with Lewandowski during his brief visit and they cleared the air.

“Robert came into my office to say goodbye and we talked for 15 minutes,” he said in a club statement.

“I addressed everything and we cleared everything. Robert did great things for Bayern and that’s what should remain. He knows as well what he has to thank Bayern for.”

Lewandowski won almost every domestic and international club honor with Bayern, including eight Bundesliga titles, three German Cups, the Champions League and the Club World Cup.

He is the Bundesliga’s second highest all-time scorer behind the late Gerd Muller.

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