What changed
2026-09-10 17:41 UTC → 2026-09-18 18:42 UTC ·
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Following the summer transfer window, Celta de Vigo has shifted its strategic focus toward sporting success in the Europa League to drive revenue. Sporting director Marco Garcés noted that while the squad remains competitive, the club’s total market value decreased from approximately 190.2 million euros last season to 173 million euros. This decline is attributed to the departures of high-value players such as Fer López, Óscar Mingueza, and Hugo Sotelo, which were not fully offset by 29 million euros in new signings. To maintain financial flexibility for future contract renewals, leadership—including Garcés, manager Claudio Giráldez, and president Marián Mouriño—has opted continues to cap expenditure at roughly 80 million euros, despite LaLiga potentially authorizing higher spending. However, the club faces tightening navigate financial constraints. challenges following a period of reduced player sales. For the 2026/2027 season, Celta’s the club’s salary limit was reduced by three million euros to approximately 88.09 million euros, including the reserve team. This reduction follows a summer period in which the club recorded no player sales, marking the first time in thirteen years that such an occurrence in thirteen years. In its financial reporting, the club disclosed a loss of 7.7 million euros for the 2025-26 season, marking its sixth consecutive year of losses. This deficit was attributed to the lack of player sales. However, total revenue grew by 43.7% to over 106 million euros, supported by a 58% increase in income from European competition following a strong Europa League campaign. The budget for the 2026-27 season is projected at 107 million euros. To support infrastructure, the club is set to propose a 10 million euro capital increase at its October 20 shareholders' meeting. These funds are earmarked for the ‘Celta360’ project at the Afouteza Sports City. Existing shareholders will have preferential rights to subscribe to new shares at 600 euros each. The club has happened. Celta currently holds secured an agreement with a foreign investment fund to acquire any unsubscribed shares to ensure the ninth position capital is raised. While the majority shareholder, Grupo Ges, will not participate in this round, the LaLiga salary ranking. club maintains that current ownership control will not be jeopardized.