Barcelona will struggle to register new signings unless massive pay cuts take place — report

Despite not renewing the contract of former captain Lionel Messi due to the restrictions of La Liga’s Financial Fair Play rules, things are still looking gloomy for Barcelona.

It is no top secret that the Catalans have been in poor financial health for a while now, with matchday revenue stopping because of the pandemic and the bloated wage bill that continues to pose a major issue.

While Barcelona have been putting all efforts into getting players off their books in order to trim down their salaries to fall in line with La Liga’s rules, things are proving difficult.

And as per the latest update from journalist Ramon Alvarez de Mon, the Blaugrana may struggle to register all of their new signings unless there are more pay cuts made in the coming weeks.

Barcelona, this summer, have made four new signings in the form of Sergio Aguero, Eric Garcia, Memphis Depay and Emerson Palmieri. Of the four, three players arrived on free transfers, and as president Joan Laporta revealed in his press conference last week, had agreed to accept reduced terms in order to join the club.

However, in spite of that, the Catalan giants will find it difficult to register some of the four players this summer, the journalist claims. He adds that Barca will need to generate somewhere between €128 million to €144 million in capital gains and savings in wages to be able to register each of the four new signings.

Miralem Pjanic’s impending departure to Juventus should help to some extent, while Martin Braithwaite is also on the exit ramp, although he continues to refuse to leave.

Reports last week also indicated that senior star Gerard Pique had agreed to take a massive wage cut in order to help Barcelona in the tight situation. Whether more players follow suit remains to be seen. But, the Blaugrana continue to be in a precarious situation heading into the new season which starts in less than a week.