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Financial struggles of Manchester City illustrate how Barcelona got it right

As the financial investigation into Manchester City unfolds in the media spotlight, Barcelona's recovery deserves discussion.

ByThomas Mustac
Nottingham Forest v Barcelona: Friuli Venezia Giulia Cup
Nottingham Forest v Barcelona: Friuli Venezia Giulia Cup | Timothy Rogers/GettyImages

The Premier League’s findings against Manchester City have placed financial regulation at the center of European football once again. An independent commission found City guilty of all charges relating to serious financial breaches covering nine seasons, including breaches involving financial reporting. The commission concluded that schemes had distorted the club’s finances by more than £900 million. Manchester City denies wrongdoing and has said it will appeal the decision.

From Barcelona Point Of View

For Barcelona fans, the ruling offers a chance to view their own club’s financial journey from a different perspective. Barcelona have spent years dealing with financial restrictions, wage controls and the consequences of previous financial decisions. Rather than having unlimited flexibility in the transfer market, the club has been forced to find ways to remain competitive while improving its underlying finances. That process is now producing measurable results.

For instance, Barcelona's figures for the 2025/26 period set a new revenue record, while its approved budget for 2026/27 forecasts revenue of €1.195 billion. Even more interesting, the Spanish club plans to lower its share of spending on sports-related salaries from 54% to 53% of total revenue without sacrificing its target of earning a profit of €1 million. At the same time, Barcelona is back in line with the 1:1 financial fair play principle according to LaLiga criteria.

The club expects revenue growth because the men’s first team will play at Spotify Camp Nou in the 2026/27 season. In addition, the club expects additional revenue from the venue amounting to €60 million. The virtuous cycle applies in that the income creates more opportunities to invest in the team and manage costs well.

Barcelona Can Teach And Grow

This is where Barcelona can learn from its own recent experience. The modern transfer market is increasingly expensive, and financial regulations are becoming increasingly important. Barcelona does not need to win a spending contest to rebuild an elite squad. Its greatest advantage may instead be combining La Masia, smart recruitment, controlled wages and growing commercial and matchday revenues. That approach could become particularly important as the club enters a new era at the renovated Spotify Camp Nou.

The Example Manchester City Set

It does not mean Barcelona has gained an automatic transfer advantage, nor does it mean City’s case directly creates opportunities for Barca. However, it reinforces the importance of financial transparency and sustainable squad building in elite football. Barcelona supporters have watched their club endure difficult financial years. Now, there is evidence that the club is emerging from that period with stronger revenue, improved cost control, and greater financial flexibility.

The ultimate lesson: Barcelona does not need to spend recklessly to return to the top. It needs to spend intelligently. And if the club continues improving its finances while developing its young talent and making targeted transfer decisions, the road ahead could be considerably brighter than it was only a few years ago.

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