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Barcelona not making big signings

:Headline: Barcelona not making big signings: ID:35589: from db_amp
Barcelona vice-president Javier Faus insists that the club will not be spending big money this summer.

Barcelona vice-president Javier Faus has insisted that the club will not be making any key signings this summer.

The Spanish side surpassed the transfer budget last summer by completing deals for Alexis Sanchez from Udinese and Cesc Fabregas from Arsenal.

As a result, Faus is adamant that the club have to be financially conscious in the transfer market.

"Last year we surpassed our transfer budget with the signings of Cesc Fabregas and Alexis Sanchez," said Faus. "We cannot overspend our budget by €20 or 30m each year. It would put our business plan at risk. It would not be sustainable.

"The club needs to be cautious if it is to be able to take on ambitious future projects. We have to look to the medium and long-term stability of the club. Rational and austere measures need to be applied in order to secure a positive balance sheet.

"The club must reduce the debt to sustainable levels and, above all, not take on more debt. We have to prepare for what could happen in the near future and have stronger assets. For ambitious real-estate projects, we need a healthy balance sheet."

Barca have already signed Spanish international defender Jordi Alba.

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