Barcelona Struggles with Financial Fair Play: Dani Olmo's Future Uncertain
Barcelona faces difficulties meeting Financial Fair Play rules, putting Dani Olmo's registration in jeopardy. Despite a deal to add Olmo by selling VIP seats, the club needs league approval after a court ruling. The salary cap challenges reflect ongoing financial strains on the club.
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Barcelona's ongoing financial woes have hindered their compliance with the Spanish league's Financial Fair Play rules, jeopardizing playmaker Dani Olmo's continued association with the club. The league announced on Tuesday that Barcelona has failed to present the necessary alternatives to meet these regulations, which is vital for registering any player starting January 2.
With a recent court ruling against Barcelona's financial strategies, the club has been unable to secure approval to register Olmo beyond the end of 2024. Despite the setback, reports indicate that Barcelona still hopes to finalize an accord with the league to register Olmo, despite potentially missing the end-of-year deadline.
Barcelona has had to resort to various financial levers in recent years due to ongoing monetary struggles, which drastically affected the club's operations, including Lionel Messi's departure in 2021. These challenges are compounded by the league's salary cap, determined by revenues, costs, and debts, limiting player registration opportunities.
(With inputs from agencies.)