In keeping with SPORT, Barcelona are going through a brand new inside controversy relating to the audit of their monetary accounts – an important consider complying with La Liga’s Monetary Truthful Play rules and making certain the membership has flexibility in the summertime switch window.
The difficulty revolves across the sale of VIP seats on the Spotify Camp Nou for €100 million. A brief auditing agency authorized this transaction in January when the deal was finalised, enabling Barcelona to achieve La Liga’s approval to revert to the 1:1 wage rule.
New auditor raises questions
Nevertheless, Barcelona’s new auditor, Crowe Spain, disagrees with the standards utilized by the earlier short-term auditor that validated the transaction.
Crowe Spain believes the €100 million shouldn’t be absolutely accounted for on this season’s funds as a result of the asset – the brand new VIP seats – doesn’t but exist.
As a substitute, they put ahead two choices: to document solely the €58 million already paid on 3 January, and even to divide the entire earnings from the settlement over the 20 years of the contract by the switch of the seats, i.e. €5 million per season.
Extra Truthful Play considerations for Barcelona. (Photograph by Eric Alonso/Getty Photos)
This discrepancy is vital as a result of, if La Liga lastly accepts Crowe’s standards, Barça would lose, within the best-case situation, €42 million of their wage cap for subsequent summer time.
Barcelona, for his or her half, defend their place, insisting that the preliminary standards have to be maintained in order to not compromise their means to signal in the summertime.
La Liga stays on standby as Barça search to shut the matter earlier than the 31 March deadline for submitting audited accounts.
With only one week remaining, the end result of the audit relating to the €100 million VIP seat sale on the new Spotify Camp Nou will considerably impression Barcelona’s means to strengthen their squad in the summertime.
Because the thirty first of March approaches, the decision of this newest monetary dispute will probably be essential for Barcelona’s switch technique and general monetary stability.