24 hours before his debut in the League, Laporta has not yet been able to sign the sale of more assets worth 100 million that he needs to expand his squad
A few hours before the start of the 22/23 League season, almost a quarter of the signings made by Spanish clubs were unregistered. Among them all those from Bara, the animator of the market. What could be an anecdote is nothing more than a reflection of the economic difficulties that drags Spanish football, without fully recovering from the losses of the pandemic and, above all, from the transformation of a market that no longer feeds the accounts with comings and goings and that keeps managers on edge until the last second. The clubs have hung in their offices a phrase: ‘Let out before entering’. They have leveraged themselves, both to seek income and to balance their debts, as in the case of the Bara, subjected to financial stress, facing operations that later LaLiga look under his strict salary cap magnifying glass to ensure the sustainability of the business.
the audacity of The door It has led him to want to avoid suffocation by selling resources that he can later compensate with those that sporting success attracts, but first he will have to be able to register all his signings. 24 hours after his debut, he can’t. It has sold assets worth 618 million to balance losses and be able to face the five contracts, but it needs 100 more from the sale of another 24.5% of the Studio only and release between 20 and 30 million salary scale in sales or salary reductions. None of that has come to fruition. Laporta had difficulty last night activating that fourth lever that would make Lewandowski, Stuck, Raphinha, Cassie y Christensenin addition to the renovations, fit in your fairplay. The bosses chaired by Tebas will not miss anything. Neither the Bara nor any other.
In its Economic-Financial Report of the 20/21 season, the last one to be fully audited, he acknowledged that his accounts had suffered. LaLiga had not made any losses since 2012 and in this last full year it posted 892 million and a decrease in its income by more than 1,000 million. These data are nothing more than the reflection of the numbers of their associates. Only 12 teams between First and Second ended with accounting benefits and one, Barcelona, became a real ballast. 60% of the competition’s losses are due to the 481 million that the Blaugrana were dragging.
Despite this balance, Bara has been the main protagonist of a market that contracted with the Covid and has not yet recovered. The clubs went from exceeding 1,000 million in sales and many others in purchases to a figure that barely reaches half and marks the lowest records of the last six seasons. For this reason and because of the salary obligations and amortizations that they dragged on, reflected in the strict fairplay of financial control of LaLiga, the clubs have become conservative.
Nobody has the capacity to increase their debt to buy players and generating income is complicated. The economic situation does not allow subscriptions to rise, the growth of sponsorships has slowed down and television rights have stopped multiplying. To this we must add that the arrival of CVC has hardly been reflected in the ability to fatten the templates. It is a commitment to strengthen the structure to generate ordinary income outside sports cars, because they are still stagnant.
Don’t buy without selling
The clubs buy just enough until they don’t sell. The free player has become the coveted piece in a market in which offers for the stars have been scarce. All Sevilla have entrusted to them and Betis (which has not been able to register) or Valencia trusted them. Atlético has moved cautiously so as not to increase its wage bill (very conditioned by Griezman, Morata or Sal) and Real Madrid and Bara escape from the entire equation, for different reasons.
The whites have met their needs with Rdiger and the investment of Tchouameniwhich despite being the most expensive signing is well within his salary limits.
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