FC Barcelona has surprisingly extended the contract with central defender Samuel Umtiti – on reduced financial terms. As the Catalans announced on Monday, the contract with the 28-year-old Frenchman was prematurely extended from 2023 to 2026.
In order to register the newly signed Ferran Torres with the Spanish League, Barca agreed with Umtiti a salary waiver.
Most recently, there were rumors of an early move by Umtiti, who signed Olympique Lyon in 2016. The club specifically thanked their player for the “willingness and affection for the club” that help Barça comply with financial fair play rules.
Barca is considered financially affected with approximately €1.35 billion in debt. The acquisition of Spanish national player Torres from English champions Manchester City for some 55 million euros was all the more surprising in December.
The club pays the transfer fee in installments to spread the financial burden over several years. However, salary costs had exceeded the upper limit, which necessitated a salary waiver and the departure of players. Even after Philippe Coutinho moved to Aston Villa, Barca had not fallen below the salary cap.