New Rule from the Spanish League Association Restricts the Use of Financial Leverage
Thursday 18-12-2025
The Spanish League Association has approved a set of new rules to be implemented starting from the upcoming winter transfer window, as part of a package of regulations aimed at organizing the market and enhancing the financial sustainability of clubs, according to the Spanish newspaper "Sport".

Among these rules, there is a clause that directly affects Barcelona due to financial mechanisms the club used in past seasons.

According to the newspaper, the new rule states that if the actual collection of any recurring revenues is less than 75%, La Liga has the right to demand additional guarantees, such as a financial solvency report from an independent expert. However, if the collection rate ranges between 70% and 75%, the transaction may be approved provided it is logical and economically justified.

These measures aim to limit the rebound effect of financial leverage and prevent budget inflation through revenues that have not been actually collected, whether through sponsorship contracts or accounting operations used solely to increase the salary cap margin. The regulation also emphasized that all sponsorship contracts must be collected within the same season and will only be counted within the team's cost limit after actual collection.

The newspaper pointed out that La Liga appreciates the efforts made by Barcelona to reduce structural costs, but at the same time stresses the necessity of not deferring Financial Fair Play burdens from one season to another.

In a related context, clubs approved new facilitation measures concerning contract renewals and protecting young talents, including allowing the renewal of one player's contract for an additional season without complicated conditions, provided its value does not exceed 8% of the salary cap. This clause could apply to cases such as renewing Robert Lewandowski's contract. Special mechanisms were also adopted for renewing academy players' contracts and facilitating investment in youth categories in the future without counting it within the salary cap.

These amendments come as part of La Liga's efforts to balance activating the transfer market and maintaining financial discipline, a philosophy that the association's president, Javier Tebas, confirms has become a model followed by major competitions across Europe.

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