Barcelona Thread

[topper]

Apparently they are over €1m in debt now.

AND still owe money on shite players

Barcelona, economic crisis nightmare: debts exceed one billion euros - Ruetir

The scary accounts of the blaugrana club last season. Net working capital is negative for 602 million Barcelona is in crisis. Very deep. And we are not talking about sports, but economic issues. Several media have accessed the Catalan club’s economic memory for the 2019-2020 season, and the...

www.ruetir.com

As noted by Marca, they still owe €126m in transfers in the short term, and it looks like €197m more in the long term.
(https://www.marca.com/en/football/barcelona/2021/01/25/600ef3e646163f7a3b8b4588.html)

Just glad we don't really trade with them. If they went bust, I guess Liverpool would be just under €70m out of pocket at a time when they don't appear to have much money anyway. They owe Juve €65m or so, too.

If only it was €1m!

 

[carmeldevil]

How the hell have Barca had ended up like this?

Cuz to be the president of the club, candidates make ridiculous promises. And the cycle repeats for every election.

 

[topper]

I'm sure Oily City will pay a €1b for Messi!

 

[nailsy]

I'm sure Oily City will pay a €1b for Messi!

He's in the last six months of his contract. Barcelona are pretty much expecting him to leave on a free in the summer.

 

[sausage]

If only it was €1m!

Ah yes! Typo corrected!
In fairness, €1bn is over €1m

 

[sausage]

Imagine having some meet one of your ridiculous release clauses for a player, though (Neymar) and this is your Transfer Committee straight after:

 

[cjbyid]

That's nuts.

They really need to let Messi leave. That'll sort some of their financial problems, their players are on ridiculous wages (as are most players) but they are really really bad.

 

[sausage]

Here's a stark snippet, too:

Interim club president Carlos Tusquets gave a wide-ranging interview to Catalan radio station RAC1, with quotes carried in full by Marca, claiming that the club were unable to pay players for their pre-agreed January salary.

 

[wirE]

Struggled for some time now to meet the financial fair play rules. All these 'dodgy' buys and sales e.g. Paulinho and Arthur. Obvious that there's some dodgy shit going on.

 

[Hazelton]

El Mundo claim they've learned details of Messi's current contract, which he agreed in 2017 and which expires this year. I'm a massive Messi fan but that is an obscene amount of money if true.

https://en.as.com/en/2021/01/31/football/1612051903_606566.html

 

[DanoCanuck]

Can't blame him for accepting a deal but he had to know his salary was using up an extraordinary percentage of the clubs payroll budget with little chance of surrounding himself of better players. Guess he doesn't care about that. A one man team and one man bankruptcy machine.

 

[Shadydan]

Don't blame the player, blame the club...at the end of the day it's down to Barcelona to sort their finances out, if they couldn't afford to keep him then why give him a lucrative deal.

 

[carmeldevil]

 

[Riandor]

https://www.bbc.com/sport/football/56236872

Hitting the BBC now as well... interesting.

 

[carmeldevil]

Surely this would mean Messi headed to City next session. Also might mean Kane will stay. Not many other clubs can afford him. I doubt Barca only club in Spain to have legal issues.

 

[LSUY]

Surely this would mean Messi headed to City next session. Also might mean Kane will stay. Not many other clubs can afford him. I doubt Barca only club in Spain to have legal issues.

Whether the Spanish authorities are bothered to follow up will be key. Barca and Bilbao were posing as non-profits for about 20 years to lower their tax bills, Real sold land to the City of Madrid for well over its value and the Region of Valencia used public guarantees to cover Valencia's loans from commercial banks. When it came out that Spanish football clubs had an outstanding tax liability of €750m and an additional €660m of unpaid social security premiums the Spanish Minister for Sport suggested they cancel their tax debts. The Spanish authorities and football clubs are often partners in crime.

 

[wirE]

Whether the Spanish authorities are bothered to follow up will be key. Barca and Bilbao were posing as non-profits for about 20 years to lower their tax bills, Real sold land to the City of Madrid for well over its value and the Region of Valencia used public guarantees to cover Valencia's loans from commercial banks. When it came out that Spanish football clubs had an outstanding tax liability of €750m and an additional €660m of unpaid social security premiums the Spanish Minister for Sport suggested they cancel their tax debts. The Spanish authorities and football clubs are often partners in crime.

what the actual fuck?

 

[carmeldevil]

Whether the Spanish authorities are bothered to follow up will be key. Barca and Bilbao were posing as non-profits for about 20 years to lower their tax bills, Real sold land to the City of Madrid for well over its value and the Region of Valencia used public guarantees to cover Valencia's loans from commercial banks. When it came out that Spanish football clubs had an outstanding tax liability of €750m and an additional €660m of unpaid social security premiums the Spanish Minister for Sport suggested they cancel their tax debts. The Spanish authorities and football clubs are often partners in crime.

So did Barca’s bribe check bounce or ?

 

[tiger666]

Bent as arseholes.

 

[TheHoddleWaddle]

The term 'Spanish Practices' springs to mind.

I'm just surprised Real M' aren't crashing yet.