Por Eurohoops team / [email protected]
He FC Barcelona has decided to undertake a large budget cut in its basketball section for next season, according to Mundo Deportivo. The club was going to reduce its investment in all professional sections given the delicate economic situation it is going through, but in the end the reduction will be much greater than expected.
The expense in the different sections is computed in the financial ‘Fair Play’ that Barça must comply with in the Football League in order to register players.
Until now, a reduction of between 10 and 15% of the budget was valued. However, the cut currently being proposed would be between 20 and 25%. Bearing in mind that Barça’s last basketball budget was around 44 million euros, the reduction to be made Juan Carlos Navarro will be for an amount of between 8 and 11 million euros.
The trigger for the board’s change of thought would be the disappointment experienced in the Euroleague Final Four in Kaunas. Barça arrived as one of the great favourites, but fell again against Real Madrid. By continuing without winning the long-awaited Euroleague for the third time in the era Saruns Jasikeviciushas reinforced the directive’s arguments.
The bulk of this saving will have to come about through a reduction in the wage bill, which this season has been around 38 million euros. It is possible that he will have to reach agreements with several players, since this summer only Kyle Kuric, Sertac Sanli and Mike Tobey are under contract, in addition to Jasikevicius.
Among the possible departures of contracted players, Mundo Deportivo mentions the name of Cory Higginswhile the situation of Nikola Mirotic, who has two years left, is also up in the air.
Know the latest euroleague news
2023-05-25 16:08:00
#Barça #carry #bigger #budget #cut #expected
