The salary caps of FC Barcelona andBarcelona Real Madrid are reduced by 273 and 173 million for this 2020-21 season, as announced by LaLiga in the presentation of the limits for this course in the two professional categories of Spanish football, which mark a total reduction of 646 million euros in LaLiga Santander and a slight rise of 9 million in LaLiga SmartBank.
The economic crisis caused by the Covid-19 pandemic has caused a considerable setback in Primera’s salary cap, which is reduced from 2,979 to 2,333 million euros, while Espanyol’s decline to Second explains that it even grows in that category .
Analyzing the most powerful clubs, Real Madrid will be able to spend 468 million euros, 173 million less than the previous season; Barcelona 382 million, 273 million less than the previous year; and Atlético de Madrid 252 million, 95 million less than last year.
This limit also includes spending on subsidiaries, quarry and other sections (non-registrable staff, as defined in article 38 of the Budgeting Regulations.
This was explained in a telematic press conference by the president of LaLiga, Javier Tebas, and the Corporate General Director of the LaLiga employer association, José Guerra, who warned that these figures will worsen by 284 euros more if there is no public throughout the season in the stadiums, since the forecast was for the return in January 2021.
Likewise, the absence of fans in the stands of the LaLiga Santander and SmartBank fields due to the pandemic would cause an “excess” in the cost of the staff of the clubs 707 million euros, and a lack of cash of 490 million.
“The costs were foreseen with a 45 percent reduction in ‘ticketing’, but this is not going to happen because in January there will be no spectators in the stadiums. It would be important that as soon as possible we could have the fans in the stadiums, but that does not mean that it is a priority, “he said.
In this sense, Thebes said that with the announcement of the discovery of various coronavirus vaccines and, when the ‘second wave’ of infections passes, it would be a “good time” to propose said return. “Not the whole, but a part to give it space and fulfill the commitments with the sponsors,” he said.
“It is very difficult for great players to join”
The president of LaLiga highlighted that “it is very difficult for big players to join” in the next market of winter because “what you are looking for is a cost saving”. “I am optimistic because with time we are making all the economic strategies. It is not a bed of roses, but it is being done with responsibility,” he celebrated.
Spanish football has gone from ‘buying’ players worth 1,291 million in 2019 to 438 in 2020, 66 percent less, above other countries such as Germany (59 percent), France and Italy, with a reduction of the 33 percent, and the United Kingdom, with 23 percent, which has gone from 1,725 million to an expense of 1,321 in transfers.
Tebas highlighted the “greatest exercise of responsibility” in Spanish football because the crisis caused by COVID-19 has been “global.” “We are in excess and the clubs continue working to reduce their salaries. We are seeing the light at the end of the tunnel,” he said, referring to the discovery of the vaccine against the virus.