• About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, December 3, 2023
  • Login
Football News 24
Advertisement Banner
  • Contact
  • Home
  • News
    • Entertainment
    • Trending
  • Sports
  • Transfers
No Result
View All Result
  • Contact
  • Home
  • News
    • Entertainment
    • Trending
  • Sports
  • Transfers
No Result
View All Result
Football News 24
No Result
View All Result
Home News

new revelations on the catastrophic financial situation of FC Barcelona

football-news24 by football-news24
May 13, 2021
in News
0 0
0
new revelations on the catastrophic financial situation of FC Barcelona
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

[ad_1]

In recent months, the situation is still the same. FC Barcelona’s finances are catastrophic. Before the return to power of Joan Laporta, the club culé officially announced that its financial liabilities (i.e. all the debts blaugrana) amounted to 1.173 billion euros, or 15% more compared to the 2018/2019 season. . But that’s not all. The posted net debts were € 488.4 million and those to credit companies went from € 72.3 million to € 279.3 million.

Staggering figures due in large part to the huge shortfall caused by the health crisis and the closure of stadiums to the public (no more ticket office or museum revenue). And yet, that does not prevent the Catalan dailies from mentioning the possible arrival of Erling Haaland. A rumor which is surprising when we know that such an operation represents a total cost (transfer fee, commissions, salary) estimated at several hundred million euros.

Table of Contents

  • Depreciation that is very expensive
  • Barça absolutely must sell

Depreciation that is very expensive

Today, it therefore seems more likely to see a Sergio Agüero free of any contract land than the Norwegian striker Borussia Dortmund. Especially since Goal explains that culé training is faced with a huge puzzle. The media recalls that the club’s payroll represented almost 70% of the total budget, long before the pandemic. Or the limit set by La Liga and UEFA. Since then, the Covid-19 has been there and Barça’s income has fallen sharply. From then on, the payroll became a big problem.

To avoid the worst, the Culés reached an agreement to spread the payment of wages. But that’s only delaying the deadline. Faced with the financial concerns of its teams, La Liga announced in March the salary limits (revised downwards) set for each team of the first and second division. Thus, Barça cannot spend more than € 347m per season. This includes fixed salaries, bonuses, bonuses and amortization of transfers, among others. And it is this last point that poses a problem.

See also  An amazing XI Bayern have signed from Bundesliga rivals

Barça absolutely must sell

As a reminder, the annual cost of the amortization of a transfer corresponds to the amount of the transaction divided by the number of years of the contract signed by the player. Clearly, if you recruit an element for € 50 million and he signs a five-year lease, the cost of the annual depreciation is € 10 million. And in this little game, Goal points out that Barça is supposed to pay 186 M € by June 30! A significant amount due in large part to the very expensive transfer costs of Antoine Griezmann, Philippe Coutinho, Ousmane Dembélé, Frenkie De Jong or even Miralem Panic (around € 110 million out of the € 186 million mentioned above ). And that’s not all.

In addition to these 186 M €, Barça must also pay the current cost of the payroll (around 215 M € specifies Goal). Result: FC Barcelona will spend more than the 347 M € authorized by La Liga. Consequence: the Spanish League will not sanction clubs stuck in such a situation. On the other hand, the excess expenditure recorded will affect the expenditure limit set each year by the authority. In short: if Barça spends € 50m more than the authorized € 347m, it will have to deal next season with a lower spending limit of € 50m (€ 297m instead of € 347m taking the example of the amount of this year). Faced with this terrible observation, and before talking about an arrival of Halaland at Camp Nou, FC Barcelona has no other choice but to sell several items this summer.

See also  Real Madrid battle to victory over Osasuna & close gap at La Liga summit



[ad_2]

Source link

Advertisement Banner
football-news24

football-news24

Next Post
Report: Jose Mourinho keen to sign £8.6m Wolves star this summer

Report: Jose Mourinho keen to sign £8.6m Wolves star this summer

Discussion about this post

Recommended

2021/22 PSG x Jordan Nike home kit leaked online

2021/22 PSG x Jordan Nike home kit leaked online

3 years ago
Gyan’s World Cup failure: Africa reminded of what might have been

Gyan’s World Cup failure: Africa reminded of what might have been

2 years ago

Don't Miss

Florida’s Finest: Choosing the Best Car Tinting in Orlando

Florida’s Finest: Choosing the Best Car Tinting in Orlando

November 13, 2023
The oldest football clubs

The oldest football clubs

October 17, 2023
Premier League Matchweek 7 and EFL Cup Week Ahead

Premier League Matchweek 7 and EFL Cup Week Ahead

September 26, 2023
betway app

Cracking the Code: Insider Tips and Tricks for Successful Sports Betting 

July 7, 2023
Football News 24

For Authors: football-news24.comt is a sports-related and guest post-friendly blogging platform. We are ready to serve you information through our website.

Follow us

Recent News

Florida’s Finest: Choosing the Best Car Tinting in Orlando

Florida’s Finest: Choosing the Best Car Tinting in Orlando

November 13, 2023
The oldest football clubs

The oldest football clubs

October 17, 2023

Most Popular

Sports

Ruben Silva joins historical Greek club Panaliakos F.C. on a one-year deal

November 29, 2022
Entertainment

Bimbisara Movie: Where To Watch Kalyan Ram’s Historical Drama?

October 25, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2023 All Rights Reserved | Powered by Football-news24
Email : LCarComNet@Gmail.com

No Result
View All Result
  • Contact
  • Home
  • News
    • Entertainment
    • Trending
  • Sports
  • Transfers

Copyright © 2023 All Rights Reserved | Powered by Football-news24
Email : LCarComNet@Gmail.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In