La Liga President Javier Tebas Addresses Barcelona’s Financial Situation

La Liga President Javier Tebas Addresses Barcelona’s Financial Situation

Ero Samson
updated at September 26, 2023 at 4:54 PM
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  • La Liga powerhouse Barcelona has remained in the financial abyss since the 2020 pandemic
  • The Catalans have struggled to adhere to the Financial Fair Play rules of the Spanish league
  • La Liga president Javier Tebas has recently opened up on the financial situation at Barcelona

Barcelona's financial inadequacies and struggles were made clear following the global COVID-19 pandemic of 2020.

Whatever doubt fans and stakeholders had about the financial abyss the club had slipped into was made clear with the controversial departure of captain, Lionel Messi in the summer of 2021.

Barcelona subsequently had to resort to selling its assets and activating a few other economic levers in order to stay afloat financially.

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La Liga president Javier Tebas recently spoke about Barcelona's financial situation. Image: Javier Borrego.
Source: Getty Images

However, La Liga president, Javier Tebas conducted an interview with Spanish television brand Movistar+ and provided an update on the situation of the club's finances.

Tebas speaks on Barcelona's finance

Quizzed about the earliest time the Catalan club would be out of its financial struggles, Tebas said:

"It has improved a lot. They have made an effort in their salary bill. I think they still have to make an effort for next season, but they have managed to incorporate good players," he said, as quoted by Mundo Deportivo.

As quoted by Barca Universal, the 61-year-old added:

"If they sell a player, they will be able to bring new ones. It is not yet in the 1/1 rule."

Fans of the Catalan club would hope the club's problematic financial situation would be resolved sooner rather than later, following reports the club may find it more difficult to get key players on loan next summer as it did this transfer window.

Tebas speaks on Mbappe moving to Spain

Sports Brief previously reported on La Liga president, Tebas rating the chances of Kylian Mbappe joining Real Madrid in the future.

The 61-year-old Spanish league president was recently interviewed by Movistar+ and claimed Los Blancos was the forward's 'destiny'.

Tebas' comments align with those of transfer expert, Fabrizio Romano, who claimed Real Madrid have a big chance of signing Mbappe.

Authors
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Ero Samson
Samson Ero is a sports journalist with a track record of over five years in the Nigerian media industry. He graduated from Nigerian Institute of Journalism (2021-2023).
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