Barcelona’s Rashford Dilemma: financial hurdles ahead; Parma eyes Reyna amid transfer buzz

The Athletic FC Newsletter

The Athletic FC offers a daily newsletter centered around football (or soccer, for those across the pond). If you want updates directly in your inbox, be sure to sign up.

FC Barcelona’s Pursuit of Marcus Rashford

In a surprising turn of events, FC Barcelona is reportedly on the verge of acquiring Marcus Rashford from Manchester United. However, the caveat looms: the club may not have the necessary clearance to officially register him in La Liga. This situation is reminiscent of their previous dealings, such as when they signed Dani Olmo last summer for £50 million ($62 million) without any guarantees from the league about registering him. It took government intervention for Olmo to take the field at all.

Barcelona has a habit of pursuing signings, finalizing negotiations, and then confronting the reality of their financial limitations. Recent developments saw Adama Traoré and Nico Williams back out from potential moves to Camp Nou after their respective teams sought guarantees that the players could be officially registered in the league amidst Barcelona’s financial predicament.

As for Rashford, 27, the situation is complicated. He’s currently in Spain and has agreed to a substantial pay cut—around 25%—to facilitate a season-long loan to Barcelona. While Rashford’s annual salary at Manchester United is approximately £17 million, Barcelona will only pay him £12 million, with Rashford covering the difference. Despite these accommodations, it remains uncertain whether La Liga will approve the transfer.

Both clubs are motivated for the transfer to proceed; Rashford is not part of Ruben Amorim’s plans at United and is effectively an expensive option on the bench. Meanwhile, Barcelona desperately needs depth to fill a left-sided attacker or striker role. With negotiations having advanced significantly, it seems this deal is likely to be completed despite the shadow of non-approval from league officials.

Currently, Barcelona is beyond the salary cap imposed by La Liga and unable to register new signings for the 2025-26 season. This ongoing issue complicates matters as they hope to have Rashford and new goalkeeper Joan Garcia—who is also caught in registration limbo—fit for their league opener against Mallorca on August 16. Barcelona is adept at finding financial solutions, often referred to as “pulling levers”—essentially securing funding through commercial agreements or player sales, as seen in their recent sale of long-term VIP box deals for the still-being-renovated Camp Nou, which could generate nearly £87 million.

Other Transfer News

Additionally, Borussia Dortmund winger Gio Reyna, who has struggled for playtime, is reportedly on Parma’s radar. The Serie A club, owned by the American Krause Group, is looking to acquire Reyna as a priority after selling forward Ange-Yoan Bonny to Inter for £20 million. Reyna, 22, finds himself in a precarious position and needs to secure a move to maintain his professional career and prospects for the upcoming World Cup.

The summer transfer window is rife with activity, and it seems Chelsea is also eyeing RB Leipzig’s Xavi Simons, a young winger looking for a fresh opportunity. The Premier League club has a penchant for acquiring youthful talents, which could lead to further movement in the market.

Season Ticket Pricing Concerns

On a separate note, as I recently secured a season ticket for Heart of Midlothian in Edinburgh for £425, it sparked thoughts on the pricing structure of season tickets across top tiers. In contrast, costs in the Premier League can soar dramatically, with some clubs charging over £1,000, which raises concerns about accessibility for average fans as ticket prices continue to escalate across the board.

Upcoming Matches

Upcoming Matches:
Women’s European Championship Semi-Final: England vs. Italy, 3 PM ET / 8 PM UK Time — Airing on Fox Sports and ITV.

J1 League Title Race

Turning to the competitive scene in Japan’s J1 League, the title race is tightly contested, with the top five teams being separated by only four points. Kyoto Sanga, currently in fourth, will be regretting a late capitulation to Avispa Fukuoka, having led 2-0 until conceding a last-minute equalizer, putting their chances at risk as the season progresses.