La Liga confirmed that Barcelona still fall short of the 1/1 financial threshold, which allows clubs to freely register new signings. In short, they can’t spend what they don’t have — even if it’s for a player as electric as Nico.

Athletic Bilbao announced on Friday that coveted Spain forward Nico Williams had extended his contract to 2035 with an increased release clause, warding off reported interest from La Liga champions Barcelona.

This article was originally published on www.si.com as Nico Williams Stuns Barcelona With Final Transfer Decision: ‘This Is My Home’. Nico Williams has formally rejected a move to Barcelona by putting pen to paper on a surprise contract extension with Athletic Club.