The consequences of UEFA’s €15 million fine on Barcelona – Report | OneFootball

The financial situation of FC Barcelona is one that has been well-documented over the last few years. Constantly in doubt over a return to the 1:1 rule, a situation that was expected to have been cleared by now, the club continues to work carefully. However, Barcelona definitely have some consequences to pay as well.

Unfortunately, despite the arrival of Spanish goalkeeper Joan Garcia, Barça has done little else in the name of new signings. While the potential arrival of Roony Bardghji is expected soon, the club clearly has some financial issues to sort out first.

UEFA imposes a fine on Barcelona

UEFA has already imposed a fine on Barcelona. (Photo by FABRICE COFFRINI/AFP via Getty Images)

However, it appears that UEFA has no plans on making that process any easier for the Catalan giants. Constantly evaluating the financial situation and reports of each club, the committee is often seen punishing the sides that do not abide by their rulings.

For Barcelona, that spells nothing but misfortune and even more bills to pay. That is because, as highlighted by Mundo Deportivo, UEFA’s recent fine on Barcelona for breaching revenue regulations will have certain severe consequences that will be even more damaging considering the club’s vulnerable financial status.

Originally fined €60 million by UEFA, Barcelona president Joan Laporta had to sit down with UEFA president Aleksander Ceferin and negotiate that amount to a lower fee. Currently, that fine sits at €15 million and while that may seem like a win on face-value, it is not in reality. With a two-year agreement, Barça will have to pay €15 million upfront.

Some severe consequences to address now

Furthermore, Barcelona will now primarily have to do two things. First, the club’s 2024-25 fiscal year will reflect the €15 million as a liability, and they will also have to make provisions for the remaining €45 million as well.

Moreover, once that €15 million has been paid, the amount will appear as debt to creditors and will also count as a direct expense in the current fiscal year. Unfortunately, this whole situation has come about due to the negligence of the club and their inability to sort things out while making haphazard decisions.

The penalty itself, as imposed by UEFA, is primarily due to the club’s financial levers and UEFA’s unwillingness to accept some of them. While these levers did enable Barcelona to make some decisions that benefited them from a sporting perspective, it would appear now that the more sophisticated matters of properly presenting and explaining them have left the club in a bad place.