Crisis at Barça: Laporta pays out of pocket

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By: Manu Tournoux

FC Barcelona is preparing for a chaotic end to the transfer window, with its transfer operations currently paralyzed by its so far unsuccessful attempts to meet its salary limit.

Since the departure of Ousmane Dembele, FC Barcelona have still not managed to recruit or sell a player from the first team. Manchester City defender Joao Cancelo is set to join the club, while players like Clement Lenglet are also set to return. President Joan Laporta has also promised one or two additional recruitments.

Barcelona sold 29.5% of the rights to Barca Vision less than a month ago which was supposed to solve their cash flow problems. Still, the deal with Libero, worth a total of €120m, has yet to bear the expected fruits. If the German investment fund has paid 20 million euros of the 60 million due before the end of the transfer window, at least according to the first information, it is still waiting for the rest of this sum.

According to Sport, at least 20 million euros should arrive in the accounts of FC Barcelona and be immediately spent on the registration of Inigo Martinez and Inaki Pena, who are still unable to play this season. As for Martinez, FC Barcelona might be forced to let him go on loan if they can’t register him.

Laporta and treasurer Ferran Olive may be forced to use their personal finances to register these players. Last summer, they put in place a bank guarantee of around 11 million euros to allow Jules Koundé to play last summer. Board members can stake their own assets to reduce cash flow problems if they anticipate revenue, but they are responsible if it does not arrive.

The guarantee could amount to 8-9 million euros this season, but if the funds from Libero do not arrive, Laporta and his company, to which other members of the board of directors could join this time, may have to try to obtain a bank guarantee of 30 million euros.

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