Barcelona president Joan Laporta says they want to focus more on bringing through young talent.
Laporta hit out at the previous board for the way they managed their budget and their non-existent transfer policy in the last few years.
"We are generating world-class players and we want to return to this line," said Laporta.
"We will always apply a sports and financial logic of not bringing players just to bring them, as has happened in the recent past.
"When the financial logic of prudence and responsibility are lost, it leads to a situation of putting the institution at risk.
"Now we will announce some results that are a disaster as a consequence of the mismanagement of the previous board.
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