<p> <a href="https://www.deccanherald.com/tag/barcelona" target="_blank">Barcelona's</a> spending cap has been reduced by the Spanish league because of its elimination in the <a href="https://www.deccanherald.com/tag/champions-league" target="_blank">Champions League</a>.</p>.<p>The Spanish league said on Monday it set the club's limit for the season at €648 million ($692 million), down from €656 million ($700 million).</p>.<p>Barcelona's cap remained relatively high thanks to the financial maneuvers it did to restructure its debts, though the league said the club will need to slash about €200 million ahead of next season, which could be done either by reducing costs within the squad or attracting new investment.</p>.<p>Atletico Madrid and Sevilla also had their caps reduced because of their exits in the Champions League. Atletico's was at €315 million and Sevilla's at €191 million.</p>.<p>Barcelona, a five-time Champions League winner, were eliminated in the group stage for the second straight season.</p>.<p><a href="https://www.deccanherald.com/tag/real-madrid" target="_blank">Real Madrid</a> remained the club with the highest spending cap in the league at €683 million, unchanged from last season.</p>.<p>The lowest cap was Elche's at €42 million.</p>.<p>Each Spanish league club has a different salary cap based on factors such as revenues, costs and debts. It is proportional to roughly 70 per cent of a club's revenues.</p>
<p> <a href="https://www.deccanherald.com/tag/barcelona" target="_blank">Barcelona's</a> spending cap has been reduced by the Spanish league because of its elimination in the <a href="https://www.deccanherald.com/tag/champions-league" target="_blank">Champions League</a>.</p>.<p>The Spanish league said on Monday it set the club's limit for the season at €648 million ($692 million), down from €656 million ($700 million).</p>.<p>Barcelona's cap remained relatively high thanks to the financial maneuvers it did to restructure its debts, though the league said the club will need to slash about €200 million ahead of next season, which could be done either by reducing costs within the squad or attracting new investment.</p>.<p>Atletico Madrid and Sevilla also had their caps reduced because of their exits in the Champions League. Atletico's was at €315 million and Sevilla's at €191 million.</p>.<p>Barcelona, a five-time Champions League winner, were eliminated in the group stage for the second straight season.</p>.<p><a href="https://www.deccanherald.com/tag/real-madrid" target="_blank">Real Madrid</a> remained the club with the highest spending cap in the league at €683 million, unchanged from last season.</p>.<p>The lowest cap was Elche's at €42 million.</p>.<p>Each Spanish league club has a different salary cap based on factors such as revenues, costs and debts. It is proportional to roughly 70 per cent of a club's revenues.</p>