Barcelona have confirmed the departure of coach Xavi Hernandez and it has been revealed how much it would cost the club to terminate the contract.
Article continues below
Article continues below
Article continues below
Barcelona part ways with XaviTermination of staff would cost €15mXavi expected to forego his share of wagesGetty imagesWHAT HAPPENED?
The legendary midfielder joined Barcelona during a tumultuous time and won the league title over Real Madrid in his first full season. Earlier this year, he announced that he would be leaving the club before being convinced by president Joan Laporta to complete his tenure until the summer of 2025. However, after speaking about the side's economic instability, Laporta and the Barcelona board felt the need to part ways with Xavi.
AdvertisementTHE BIGGER PICTURE
reports that the departure of Xavi and his coaching staff would cost the club close to €15 million (£13m/$16m). Meanwhile, it has also been reported that incoming boss Hansi Flick would earn close to 30 percent less than Xavi did after his most recent contract extension. This would all get accumulated into the club's salary limit for next season.
Getty ImagesDID YOU KNOW?
Due to Barcelona's already ongoing economic struggles, it is believed inside the club that Xavi would be willing to forego his part of the termination wages which comes out to around €7m (£6m/$8m). This would definitely help Barca with their already tight wage limit and potentially open up space for more signings this summer.
WHAT NEXT FOR XAVI?
The Barcelona legend will lead the five-time Champions League winners out for the very last time on Sunday, May 26 when they take on Sevilla at Ramon Sanchez Pizjuan.