Barcelona's President Josep Bartomeu admitted the club were trying to sign Neymar from PSG in the summer but wont be making a move for him in January.
Sid Lowe discusses the ramifications for Neymar, and more importantly Barcelona, after his failed move to the Catalan giants.
Barcelona will be allowed to spend €30 million more than Real Madrid this season as the defending champions of La Liga again have the highest spending limit.
La Liga released the salary cap data regarding the 20 teams in Spain's top flight with the Catalan outfit allowed to spend up to €671m on sports salaries, an increase of €38m with respect to the 2018-19 campaign.
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Real Madrid are second in the table with a limit of €641m.
Atletico Madrid's limit has increased by 62% since the 2017-18 campaign up to now but are still ranked a distant third (€384.5m).
In stark contrast, newly promoted Real Mallorca are at the foot of the table with a €29.9m spending limit.
The 20 La Liga teams will have a total spending limit of €2.94 billion, an 11% increase with respect to last season.
La Liga brought in measures in 2013 to force clubs in their leagues to manage their finances appropriately and set caps on overall salary expenditure.
It includes spending on first-team players, coaches, reserves, youth systems and affiliated clubs and academies.