Barcelona’s new salary limit fir this season has been set at €270 million, a huge drop from the €648m limit set in February.
La Liga have told informed all clubs of their salary levels for the next five months, when they will be reviewed again following the close of the January transfer window.
Barca’s new limit is €270m, the third highest in La Liga, behind Real Madrid and Atletico.
Los Blancos lead the way on €727m, while Atletico Madrid’s salary cap has been set at €296m.
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Barca have been busy in the summer in a bid to reduce their wage bill. There were a host of outgoings with Jordi Alba, Sergio Busquets, Ousmane Dembele among those players to be shifted off the wage bill.
Incoming players have arrived on free transfers, or for small fees, and have had to take significant wage cuts. Marc-Andre ter Stegen has also taken a downward contract renewal in a bid to help his club during their financial difficulties.
It’s worth noting that Barcelona are still thought to be way over the limit with a current wage bill of around €404m, meaning there’s still a lot of work needed to do on the financial front.