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Friendly match Jeonbuk Hyundai vs PSG – 20230803 BUSAN, SOUTH KOREA, AUG 03 : Neymar Junior of PSG reacts during soccer pre-season friendly match between Jeonbuk Hyundai Motors and PSG Paris-Saint-Germain FC at the Busan Asiad Main Stadium in Busan, South Korea, in Busan, South Korea, 03 August 2023. Editorial Use Only Busan the Busan Asiad Main Stadium South Korea 7925_273707 Copyright: xPENTAxPRESSx

via Imago
Friendly match Jeonbuk Hyundai vs PSG – 20230803 BUSAN, SOUTH KOREA, AUG 03 : Neymar Junior of PSG reacts during soccer pre-season friendly match between Jeonbuk Hyundai Motors and PSG Paris-Saint-Germain FC at the Busan Asiad Main Stadium in Busan, South Korea, in Busan, South Korea, 03 August 2023. Editorial Use Only Busan the Busan Asiad Main Stadium South Korea 7925_273707 Copyright: xPENTAxPRESSx
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.
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FC Barcelona shows a huge financial profit after denying homecoming to Neymar Jr.
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.
Fc Barcelona made a profit of €102M this transfer window, the most out of all the la liga clubs. pic.twitter.com/1YnOvcOLG5
— Barça Worldwide (@BarcaWorldwide) September 2, 2023
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.
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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May 20, 2023, Sabadell, Barcelona, Spain: Barcelona Spain 20.05.2023 Sergio Busquets FC Barcelona, Barca and FC Barcelona players lift the Liga title during the La Liga Santander between FC Barcelona and Real Sociedad at Camp Nou on 20 May 2023 in Barcelona. Sabadell Spain – ZUMAu50_ 20230520_zsp_u50_123 Copyright: xXavixUrgelesx
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.
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.
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FC Barcelona will next be in action against Osasuna away from home on Sunday, September 3rd.
WATCH THIS STORY: 2 Years After Wanting to ‘Kill’ Him, Lionel Messi Gifts One of His Iconic Awards to His World Cup Winning Teammate in a Wholesome Gesture
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