Barcelona is seeking approval for an additional financial mechanism to ensure that Olmo can be registered promptly.
Barcelona must secure approval for an additional financial lever from the Spanish league to register playmaker Dani Olmo for the remainder of the season, following a judge's unfavorable ruling against the club on Monday.
This marks the second consecutive legal defeat for Barcelona as it seeks to finalize Olmo's registration before the year-end deadline.
In the absence of judicial support, Olmo's contract cannot be registered beyond the end of 2024 unless Barcelona persuades the league that it can generate sufficient salary cap space to accommodate him in the squad. Olmo transferred from Leipzig to Barcelona in August.
Reports from Spanish media indicate that Barcelona is likely to receive league approval soon, having reached an agreement to sell VIP seats at the renovated Camp Nou stadium for 100 million euros ($104 million). This transaction is expected to provide the necessary funds to include both Olmo and forward Pau VĂctor in the team.
Each club in the Spanish league operates under a salary cap determined by various factors, including revenues, expenses, and debts, typically amounting to approximately 70% of a club's total revenues.
Barcelona has faced challenges in registering several players recently due to its financial difficulties. The club has implemented a range of financial strategies in recent years, including the sale of future television rights. These financial issues were significant enough to result in Lionel Messi's departure in 2021.
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