Barcelona could be looking at €263 million in losses after failing to register superstar

Barcelona’s offices have not had a pleasant new year so far as registration issues see them staring at a scenario where they may be forced to compete for the rest of the season without Dani Olmo.

The Spanish international was registered as a Blaugrana player only until 31st December with La Liga, and despite the club having full knowledge of the deadline, they did not manage to bring in the required funds to ensure his registration.

Joan Laporta’s last-ditch attempt involved selling VIP seats of the new Spotify Camp Nou, but La Liga’s requests for extra verification of the transaction saw the team fall short on time.

Losses all along

Not registering Olmo for the second half of the campaign is now a real possibility for Barcelona and implies a massive sporting and financial blow to the club as relayed by SPORT.

For starters, the club loses out on €48 million in his salary which will be futile without his participation. After all, the player will be free and can collect his entire salary that is meant to be spread until 2030.

A further of €55 million has been lost in transaction value to sign him and Barcelona still owe a significant sum to RB Leipzig that they must continue to pay.

Rubbing salt into the wound is the player’s €60 million market value that the club will directly lose out on as Olmo would become a free agent.

Adding the €100 million from seat sales and Barcelona stare at a cumulative loss of close to €263 million which is devastating on multiple levels for the club still reeling under financial distress.

After all, the initial agreement for the same sale of seats was close to €200 million and Barcelona lost out on almost half that amount owing to the haste in completing the deal.

Barcelona remain optimistic they can get Olmo registered by January 3rd, but the fact of the matter remains that his registration is now no longer solely in their control.

According to La Liga’s rules, a player can only be registered with one team of a club during a single season and Barcelona are hoping that their situation will attract an exception and trigger ‘force majeure’ conditions.

Yet, that is only for the league to decide and all the Catalans can do is hope the stars align for them.