Barcelona forced to seek approval for the activation of the financial levers again
Activating the financial levers back during the summer transfer market gave Barcelona financial muscle, helping them not only in acquisitions but also in the registration of new players.
The formality was done through a rigorous procedure that was carried out via the seal of approval of La Liga. However, as it turns out, journalist Ferran Correas has now claimed that the Catalan club has been asked to ratify the activation of the levers once again by the league.
Writing for Spanish publication SPORT, Correas says that Barça are currently being forced to submit the judgement of the activation of the financial levers once again at the next meeting of partners.
It must be remembered that the course of action was primarily carried out after receiving permission from the Assembly for the sale of 25% of the television rights and up to 49.9% of Barça Studios to move ahead with the signings and registration.
Over the past few months, Barcelona have sold those assets to bring their finances back on track. But they have now been told that they need to receive a new approval at the next assembly meeting, during which they will also be approving the budget for the 2022/23 season.
The report does not mention any particular reason due to which Barcelona are being forced to seek the approval for the economic levers again apart from stating that La Liga has demanded it.
Amidst all this, one name that has popped out is that of Javier Tebas, who has already put Barcelona in an extreme muddle. Earlier this month, the La Liga president had said that the Catalan team will have to reduce the salary limit to €400 million without the levers.
What’s even more troubling is the fact that the statement was made even after Barcelona managed to go from a negative limit of €144 million to a positive one of €653 million in terms of spending caps.