Barcelona president Joan Laporta confirmed that the financial situation of the club is in a much better state than before. He claimed that the wage bill has been significantly reduced, but they are working to reduce it even more.
He claimed that they "have saved Barca from financial ruin".
Barcelona had to activate several 'economic levers' in the summer to sign players and get on par with La Liga's financial rules.
The financial condition of the club was the main reason why Barcelona couldn't register Lionel Messi, who left the club and eventually joined Paris Saint-Germain (PSG).
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