Barcelona Fc Debt
Barcelona Fc Debt. Visit Insiders homepage for more stories. Barcelona on verge of bankruptcy with 11billion of debt and having failed to pay Lionel Messi and teammates full wages while they still owe Liverpool for Coutinho Josh Fordham 27th. BARCELONA are on the verge of bankruptcy after racking up debts close to 1billion according to reports.
In another world high Barca have the most short-term debt - defined as what must be paid back in the next 12 months - at a whopping 731million.
Now its gross debt is about 14bn much of it short-term. Barcelonas biggest problem continues to be its debt load. Revenues are important but a debt of this magnitude does little to contribute to the clubs stability.
The Catalan kinds were reportedly in a debt of over 500 million euros at the end of last year. The financial situation at Barcelona has just turned from bad to worse. Barcelona have released the clubs annual financial report revealing considerable debt stemming from the coronavirus pandemic as well as the clubs big-money transfers in recent seasons.
FC Barcelona is on the verge of bankruptcy according to a report from Spanish newspaper El Mundo. Before the pandemic Barcelona became the first club in any sport ever to surpass 1bn in annual revenues. Barcelona president Joan Laporta has revealed that the clubs debt now totals 135 billion while defending his management from criticism.
Spains La Liga has blocked it. So bad is the crisis the club was unable to pay its players their wages in January. The clubs most recent financial report shows that it made a loss of 117 million in 2020 and has 14 billion of debt.
Now new reports suggest that the debt could be well over a billion euros and the club is. Barcelonas finances have deteriorated in recent years as costs for hiring star players and other expenses piled up. During the Super League saga they would blame coronavirus for peaking above the 1billion debt figure but the excuse didnt wash.
The clubs financial net debt at the end of March when new management took over was 673 million euros 792 million. FC Barcelonas president presented a grim picture of the clubs financial situation Monday saying its debt has risen to 16 billion. Barcelona has been reported to be in over 1 billion Euros in debt a huge number considering all the marketing and all the brand value Barcelona has.
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