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Neymar Jr and his transfer have been one of the most discussed topics this summer. After the long-awaited confirmation about his future, he surprised fans by becoming one of the marquee signings in the Saudi Pro League this summer. With the Saudi League cashing in to attract top talent, European clubs are taking this opportunity to balance their finances by offloading their star players.

Surprisingly, Neymar’s former club, FC Barcelona after having a couple of rough years financially reportedly is on the track once again. The Catalan giants have recorded a huge profit this summer.

FC Barcelona shows a huge financial profit after denying homecoming to Neymar Jr.

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As the summer transfer window winds down, the $5,508,000,000 worth Catalan giants have made headlines not for their acquisitions, but for their financial triumph. Neymar Jr was in talks to make a return to Catalonia, primarily on loan this season. But, in a shocking move, FC Barcelona decided to forego the return of the Brazilian sensation. The decision to snub Neymar Jr. resulted in a staggering profit of $111 million for the La Liga champions.

In a tweet shared by Barcelona Worldwide, they reported that the Catalan club made a total profit of around €102M ($111M) this transfer window, which is reportedly the most out of all La Liga clubs for this season.

The decision not to bring Neymar back to the club was a major factor in Barcelona’s financial turnaround. Barcelona decided against the move due to Neymar’s high wages and as well as the club’s financial constraints.

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During the past few seasons, Barcelona offloaded and reduced the wages for a number of high-earning players due to their heavy financial turmoil. They made way for new signings Lewandowski, Jules Kounde, Raphinha, and others, in order to make a calculated decision to convert the club’s fortunes.

Barcelona looking forward to getting back on track after struggling with financial turmoil

Barcelona may have won the La Liga title last season, but their domestic campaign has been somewhat overshadowed by their deepening financial problems. The Catalan club has been facing some serious accounting problems since the COVID-19 pandemic, which relates to their massive wage bill and heavy investments in renovation.

Restricted by LaLiga’s Financial Fair Play (FFP) rules, Barcelona were unable to re-sign club legend Lionel Messi in 2021, which saw him leave as a free agent for PSG.

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With the club in total debt of up to $1.3 billion, Barcelona made calculated decisions to reduce wage bills and offload unnecessary players. The club is now in a much stronger financial position, which will allow them to compete for trophies in the years to come.

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The decision to ditch Neymar was a bold one, but it has paid off for Barcelona. The club has now recorded their highest profit in the Spanish league, and will be looking forward to build upon that.

FC Barcelona will next be in action against Osasuna away from home on Sunday, September 3rd.

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