Barcelona won't be permitted to make any transfers this summer, according to La Liga president Javier Tebas.
According to Martin Lipton of the Sun, Tebas made this statement at the FT Business of Football summit on Thursday in London.
"As of now, Barcelona's budget leaves no room for spending during the upcoming transfer window.
"Barcelona has engaged in dubious behaviour that has affected LaLiga, and we are responding in kind. They are no longer permitted to sign new players, per our decision.
Raphinha, Robert Lewandowski, and Jules Kounde were among the players Barcelona spent more than €150 million on last summer, Franck Kessie, Hector Bellerin, Andreas Christensen, and Marcos Alonso also joined Camp Nou for free.
While Memphis Depay, another high-earning player, joined Atletico Madrid in January, Barcelona only managed to transfer Pierre-Emerick Aubameyang and Philippe Coutinho last summer despite pressure to trim their team.
Tebas asserts that Barcelona won't be allowed to sign any new players until more players have been offloaded.
Even if Barca approves significant transfers, they will only have access to "two-fifths of that money, meaning their budget would only be a maximum of roughly £71m," according to the Daily Mail.