Nico Williams made a shock U-turn on his decision to leave Athletic Club by signing a new contract, snubbing Barcelona in the process. He also turned down Bayern Munich, who were also

The breakdown in negotiations came following the revelation that Barcelona are not yet operating under La Liga’s 1:1 financial rules and, as it stands, would not be able to register Williams in their squad—a similar dilemma which plagued the club after last season’s acquisition of Dani Olmo.

The Catalan club were rebuffed by Athletic Club last summer and had to compete with Bayern Munich for the winger.