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Transfer: Barcelona banned from signing new players in January window

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SPORTS NEWS: Transfer: Barcelona banned from signing new players in January window [New Sports News] » Naijacrawl
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Barcelona president Joan Laporta has admitted the club may not be able to sign players during the January transfer window because of LaLiga’s financial fair play rules.



Laporta, however, insisted the club’s accounts are “healthy” again, with an expected income this season of €1.23 billion and a budgeted profit of €274 million.

“We had to pull some levers, which were economic operations that saved the club from ruin, and now the club is in economic recovery."

“But despite that, according to the rules of financial fair play of the Spanish league, we cannot sign,” Laporta told Spanish news agency EFE.

He added that they were trying to convince LaLiga “to be more flexible”.

Barcelona sold 25% of their domestic television rights and a 49% stake in Barca Studios for over €700 million.

This allowed the Catalans splash over €150million to bring in Robert Lewandowski, Raphinha and Jules Kounde.

They have helped Barca go top of the Spanish topflight with 37 points, two more than rivals Real Madrid going into the 2022 World Cup break.

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Ojo Sunday Victor is a graduate of Ladoke Akintola University of Technology, Ogbomoso, where he earned a Bachelor's degree in Accounting (B.Sc). He is a versatile professional with expertise in content writing, specializing i... Read More

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Spurs Agree To A £150 Million Cash Injection Before The Summer Transfer Window Opens

Victorious

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SPORTS NEWS: Spurs Agree To A £150 Million Cash Injection Before The Summer Transfer Window Opens [New Sports News] » Naijacrawl
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Tottenham Hotspur squeezed into the Premier League’s top four at the end of the season, something celebrated on both a sporting and a financial level. It marks a return to the Champions League after two years of absence.The good news just keeps on coming for the Spurs too. The Independent confirmed that their owners, investment group ENIC, have decided to invest a further £150m in the club in order to give them more flexibility.It is expected that at least a signifi...
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Arsene Wenger Names Kanu As His Best January Signing

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NEWS: Arsene Wenger Names Kanu As His Best January Signing [New Sports] » Naijacrawl
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The ace Arsenal football manager; Arsene Wenger has named the former Nigeria skipper; Nwankwo Kanu ahead of the Gabon striker Pierre-Emerick Aubameyang as his best January signing while he was the manager of Arsenal.It will be noted that Kanu joined the Gunners in 1999 after making the move from Inter Milan for a fee of £4.15million and he quickly became an important player in the second half of his first season.He came off the bench in his first few games, netting...
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Barcelona blocked from signing new players

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SPORTS NEWS: Barcelona blocked from signing new players [New Sports News] » Naijacrawl
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La Liga president, Javier Tebas, has confirmed that Barcelona will not be able to sign players this summer transfer window.Tebas said this at the FT Business of Football summit in London on Thursday, as per Martin Lipton of The Sun.Barcelona spent in excess of €150 million last summer on signing the likes of Raphinha, Robert Lewandowski, and Jules Kounde, while Franck Kessie, Hector Bellerin, Andreas Christensen, and Marcos Alonso arrived at Camp Nou on free transfe...
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