Barça’s impactful financial engineering exercise to reduce its wage bill

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It has been incredible the mass salary reduction that has reached FC Barcelona in just six months. An operation that started from the exit of Lionel Messi until the unexpected renewal of Samuel Umtiti. He also had the complicity of certain “heavyweights” in the culé locker room, with the captains up front, and managed to renew cases like those of Coutinho and Umtiti. The result is that the seven most important cards of the first litter either evaporated or were drastically reduced.

At the head of this operation was the director of football of the Barcelona club, Mateu Alemany, who did not have more remedy to manage this delicate subject as he tried to strengthen a workforce whose quality was sore with each new outing, like that of Griezmann and of course, that of the seven times winners of the Ballon d ‘Gold, Messi .

The new leader cúpula of the Barça had to multiply in this semester. Fulfilling LaLiga’s requirements to adjust to financial fair play and hollow out debt seemed like it left the entity without the ability to maneuver in the market and bolster personnel. Thus, its signatures arrived in summer (Memphis, Agüero and Eric García) brought the letter of the freedom under the arm or in capacity of yielded (Luuk de Jong). Only now, in winter, he was able to invest in the entrepreneurship of Ferran Torres (some 55 million euros for Manchester City).

Discounts with each renewal

Close renewals of young talents like Pedri and Ansu Fati was one of the first moves, and devoted many hours of negotiation to obtain the handing-over of the sheets of the rest of the personnel. First, with Leo’s traumatic exit to PSG; next, with the sale with option to buy Antoine Griezmann (Athletic) which releases 21 million annually in salary concept.

Captains Sergio Busquets, Gerard Martelé and Jordi Alba –Sergi Roberto has yet to complete his deal- also agreed to work with the club on the pay cut. But a substantial part, that which opened the door to the winter autograph market, arrives with the releases of Philippe Coutinho and Samuel Umtiti.

The key to the market

the assignment of Coutinho (Aston Villa), assuming a reduction of the sheet by 15% this results in an economic relief (the English club assumes 65%) and sporting, by releasing a card from the first team. In addition to French renewal (10% discount and card issued in 4.5 years), alone can be considered an authentic work of a negotiating engineer, which delivers the long-term economic effort and, at the same time, opens the way to a sports solution in the short or medium term, even with an assignment or a traspaso.

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