Atletico Madrid have one week to adhere to the spending limits set forth by the Spanish Professional Football League (LFP), or the reigning champions of La Liga could face a range of sanctions from the governing body.
Currently, the club’s first-team expenditures are above the limits permitted by the LFP. Should the Spanish side fail to rectify the issue, they could potentially be banned from making any new signings or face forced relegation (worst-case scenario).
Following the departures of Diego Costa, Filipe Luis and Thiabout Courtois to Chelsea, Los Colchoneros have signed seven players to date during the summer transfer window.
According to the Spanish publication, Marca, Atletico’s spending cap for their squad – calculated based on the idea that it should not exceed 70% of relevant revenue – is approximately £79.5 million. However, some 10% of this is allocated for the academy and bonuses, while a further 10% is reserved for the coaching staff. This leaves the club with roughly £64 million to spend on annual wages, income tax, image rights and costs related to transfer fees.
That is why the Spanish champions will spend the next few days attempting to offload some players in order to reduce the wage bill at the club.
Speculation is defender Toby Alderweireld in on his way out of Vicente Calderon and could be heading to Sevilla in order to replace Federico Fazio, who is bound for Tottenham Hotspur. AS Monaco have also shown an interest in the former product of the Ajax youth academy.
Atletico are also looking at deals which could see Emanuel Insua and/or Cristian Rodriguez leave the club. Insua has been linked with a switch to West Ham United, while Rodriguez had previously been targeted by Sunderland.
Should Atletico complete the transfers of at least two of these players, it would be enough to satisfy LFP’s limits and prevent any sanctions being leveled on the club.
200+ Channels With Sports & News
- Starting price: $33/mo. for fubo Latino Package
- Watch Premier League, World Cup, Euro 2024 & more
- Includes NBC, USA, FOX, ESPN, CBSSN & more
Live & On Demand TV Streaming
- Price: $69.99/mo. for Entertainment package
- Watch World Cup, Euro 2024 & MLS
- Includes ESPN, ESPN2, FS1 + local channels
Many Sports & ESPN Originals
- Price: $6.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
- Features Bundesliga, LaLiga, Championship, & more
- Also includes daily ESPN FC news & highlights show
2,000+ soccer games per year
- Price: $4.99/mo
- Features Champions League, Serie A, Europa League & NWSL
- Includes CBS, Star Trek & CBS Sports HQ
175 Premier League Games & PL TV
- Starting price: $4.99/mo. for Peacock Premium
- Watch 175 exclusive EPL games per season
- Includes Premier League TV channel plus movies, TV shows & more
- Tottenham’s Son Heung-min says he faced racism as teen in Germany
- Where to find Boca Juniors vs. Corinthians on US TV
- England under pressure to make home advantage count at Euro 2022
- US, Jamaica women win in World Cup, Olympic qualifying event
- Ronaldo’s power play puts pressure on Ten Hag
- Galtier appointed PSG coach on two-year deal: sources
- Veteran Quagliarella extends Samp stay to 2023
- Marseille name Croat Igor Tudor as new coach
- PSG tipped to finalise appointment of Galtier as coach
- Barcelona seal double swoop for Kessie, Christensen