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Barcelona handed huge blow in bid to sign Erling Haaland after LaLiga says they are £120MILLION OVER new spending limits imposed on top-flight Spanish clubs... and they can only fork out more cash if they generate FOUR times as much in savings and sales

Barcelona were dealt a huge blow in their bid to beat Manchester City to the signing of Erling Haaland this summer, after La Liga announced new spending limits for Spain's 20 top-flight clubs.

Barça have been told that their current spending on the squad is £121million (€144m) over the permitted limit they can only spend if they generate four times as much via sales and savings.

La Liga announced squad-spending limits for all 20 clubs on Monday and Barcelona's balance is now minus €144m.

Barcelona were dealt a blow in their bid to sign Erling Haaland after La Liga announced new spending limits
Baru00e7a have been told their current spending on the squad is u20ac144m over the permitted limit

Article 100 of La Liga's financial fair play rules allows clubs with a negative spending limit to apply a 1:4 ratio to their financial transactions.