LaLiga have announced their new salary caps for the 2022/23 campaign with Barcelona handed a €560million swing on last season's wage budget.
The Catalan club have been in a dire financial situation of late with executives continuing to balance the books by cutting costs and selling off their assets to keep out of the red. Their strategy has seen them sell 25% of their LaLiga TV income to a third party for the next 25 years, while they were forced to wait to register some of their new summer signings until they had raised cash from offloading other squad members.
However, despite their financial difficulties, LaLiga chiefs appear convinced Barcelona are on the right track again as they have allowed them to operate with a wage budget of €656.5m for the coming season - a huge increase on last season's total of €97m (via Athletic ).
