Endesa League
According to Mundo Deportivo, Barcelona will cut their budget by 8-11 million in the new season
According to Mundo Deportivo’s report, Barcelona’s budget for the 2023/24 season will be cut by 20-25%, or €8-11m.
According to a report by Jose Ignacio Huguet in Mundo Deportivo, Barcelona’s basketball department’s budget is expected to be cut by 20-25% for the 2023/24 season.
As the Spanish reporter notes, the budget cut was initially set at 10-15%, but the defeat to Real in the semi-finals of the 2023 Final Four in Kaunas prompted the club’s management to reconsider. Considering that Barca’s operating expenses and the salaries of his players and coaches reached €44m, his budget for the year is expected to be cut by €8m-€11m.
The savings should result from the reduction in contracts. As a result, a number of players’ salaries are expected to be cut as just four out of 16 first-team contracts expire this year. Those signing their existing contract with the Blaugrana are Kyle Curic, Sertak Sanli, Mike Toby as well as Sarunas Jasikevicius, who has one foot on the dismount.
Source: sport 24
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