Barcelona is close to signing Manchester City’s Ferran Torres for €55 million ($62 million), The deal will only happen if Barcelona can free up space on their wage bill first.
A deal worth an initial €55m ($11m) and another €10m ($11m) in possible add-ons was put together in Seville on Tuesday, sources say.
However, Barca still has to do a lot of work to make the deal happen. They are limited by LaLiga’s money rules, and they have to get rid of players before they can sign new players.
The Spanish league has set their spending limit for the season at €97m ($110m), which is a lot less than their wage bill. However, they can spend 25% of any savings they make, whether that’s in wages or transfer fees.
Because Sergio Aguero is retiring, they have more room. But they still need to do a lot more before they can sign anyone in January. People at the club are looking for new teams for Neto, Samuel Umtiti and Philippe Coutinho, three players who the club thinks are no longer needed. The club will also consider other players who want to leave.Barcelona clinch £55m agreement for Man City’s Ferran Torres