Barcelona Has its Spending Limit Increased but Remains Well Below Real Madrid's Cap

Pedestrians walk on the Gran Via street in downtown Madrid, as a thermometer reads 35 degrees Celsius, on September 12, 2024. (Photo by Thomas COEX / AFP)
Pedestrians walk on the Gran Via street in downtown Madrid, as a thermometer reads 35 degrees Celsius, on September 12, 2024. (Photo by Thomas COEX / AFP)
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Barcelona Has its Spending Limit Increased but Remains Well Below Real Madrid's Cap

Pedestrians walk on the Gran Via street in downtown Madrid, as a thermometer reads 35 degrees Celsius, on September 12, 2024. (Photo by Thomas COEX / AFP)
Pedestrians walk on the Gran Via street in downtown Madrid, as a thermometer reads 35 degrees Celsius, on September 12, 2024. (Photo by Thomas COEX / AFP)

Real Madrid remains with the Spanish league's highest spending limit following the summer transfer window, while Barcelona improved significantly but remained well below its rival's cap, The Associated Press reported.
The league released the cost limits for each team on Thursday, with Madrid's cap reaching nearly 755 million euros ($833 million), up from 727 million euros ($803 million).
Barcelona's limit more than doubled from 204 million euros ($225 million) after the winter transfer market to 426 million euros ($470 million), but the Catalan club could still be in a delicate situation going into the next transfer window if it doesn't make moves to improve its finances.
Atletico Madrid is the Spanish club with the third-highest spending limit at 310 million euros ($342 million), up from 303 million euros ($334 million).
Sevilla was among the teams struggling the most, with its limit being reduced from more than 150 million euros ($165 million) to only 2.5 million euros ($2.7 million).
The cost limit represents the maximum amount each club can spend on players, coaches and other staff. It also includes spending on reserves, the youth system and other areas.
Each Spanish league club has a different spending limit based on factors such as revenues, costs and debts. It is proportional to roughly 70% of a club’s revenues. Clubs that are overspending need to find ways to either reduce costs or attract new investment.



Saudi Games 2024 Torch Arrives in NEOM

NEOM Deputy CEO Rayan Fayez received the Saudi Games torch from footballer Salman Al-Faraj - SPA
NEOM Deputy CEO Rayan Fayez received the Saudi Games torch from footballer Salman Al-Faraj - SPA
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Saudi Games 2024 Torch Arrives in NEOM

NEOM Deputy CEO Rayan Fayez received the Saudi Games torch from footballer Salman Al-Faraj - SPA
NEOM Deputy CEO Rayan Fayez received the Saudi Games torch from footballer Salman Al-Faraj - SPA

The torch for the third edition of the Saudi Games 2024 arrived in NEOM on Tuesday as part of its promotional tour for the largest national sports event in the Kingdom. The event will be held in Riyadh from October 3 to October 17.
Amid great enthusiasm and a celebratory atmosphere, the torch traveled through the historical site of Bajdah in NEOM.
NEOM Deputy CEO Rayan Fayez received the Saudi Games torch from footballer Salman Al-Faraj, former Saudi national team and Al Hilal player, and current NEOM team member.

Al-Faraj has won the Saudi League eight times, the King's Cup five times, the Saudi Super Cup three times, and the AFC Champions League twice. He also represented Saudi Arabia in the 2018 and 2022 World Cups.
The torch was then carried by the Saudi national padel player Omar Al-Thaqib, champion of the Saudi Games in both 2022 and 2023.
The Saudi Games torch began its journey in Riyadh, traveling through various regions of the Kingdom to embody the spirit of the Saudi Games, based on the values of friendship and peace. The torch carries a deep humanitarian message of peace, love and optimism, encouraging citizens and residents of the Kingdom to participate in this major sporting event.

Meanwhile, governor of the Qassim Region Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz praised the unlimited support of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, for sports and athletes.
This support has contributed to making the Kinrgdom a global sports destination in line with the goals of the Saudi Vision 2030, according to SPA.

Prince Faisal stressed that the Saudi Games represent an important step in creating a new generation of athletes capable of raising the Kingdom's name high in international arenas. He also appreciated the significant role of Minister of Sport and President of the Saudi Olympic and Paralympic Committee Prince Abdulaziz bin Turki bin Faisal in developing the sports sector and achieving remarkable progress in recent years.
Prince Faisal made the remarks as he received the torch of the third Saudi Games at the Prince Sultan Educational Complex School from Abdulaziz Al-Sanani, the former director of the Ministry of Sport branch in the Qassim Region.
At the event, the torch was carried by judo medalist Abdulelah Albali, who won gold in the Gulf Championship in Bahrain, bronze in the Arab Championship in Tunisia, the Jeju International Championship in Korea, and Africa Open Championship in Tunisia as well as silver in the 2023 Saudi Games. He was the Kingdom's champion from 2022 to 2024.