Inter Miami’s move for rumored FC Barcelona target Federico Redondo has reportedly broken down due to MLS spending regulations.
The Argentinos Juniors talent was reportedly set to sign for the Herons in a deal worth $8m, with Inter Miami believed to have beaten Barcelona and Real Madrid to Redondo’s signature.
However, developments in recent days have now thrown the transfer into uncertainty, and it is now expected that Redondo won’t be joining Inter Miami ahead of this week’s MLS opener.
Now, according to Agencia NOVA, the reason behind the Florida franchise’s failed attempt to sign Redondo is due to MLS spending regulations, with Inter Miami unable to pay what Argentinos Juniors are looking for.
Indeed, Inter Miami could work around this problem if they were to change the structure of Redondo’s contract, allowing Tata Martino’s side to spend more for the midfielder to guarantee the transfer.
Yet with Inter Miami already working on a tight budget and in need of shipping off players before tomorrow’s deadline, a move for Redondo now looks dead in the water.
Inter Miami’s failed Federico Redondo move is a huge loss for MLS
MLS have long been criticized for their self-imposed rules that have arguably caused more damage than good in recent years for clubs looking to be ambitious.
Whilst salary caps and allocated player contracts have kept the league from overspending, it has also stopped some teams from adding real quality to their squad without breaking the bank or landing on a well-known superstar name.
And that’s exactly what’s going on with Redondo, who now looks set to miss out on a move to Inter Miami due to rules MLS have inflicted on themselves in recent years.
The league is missing out on some potentially huge players due to their own spending rules, and Inter Miami’s latest failed transfer could eventually lead to change in the legislation that’ll make deals like this easier to complete.