Barcelona is entangled in a severe financial crisis. Currently the Catalan club’s debt is reported to reach 1.5 billion euros, or around Rp. 24.8 trillion.
A small part of the debt is player transfers amounting to Rp 1.8 trillion. This crisis was triggered by poor management Barcelona previously and exacerbated by the conditions of the COVID-19 pandemic.
Barcelona CEO Ferran Reverter revealed that the old management under Josep Maria Bartomeu had run the club haphazardly. One of them is in terms of player transfers, with the example of the purchase of Griezmann when the club had absolutely no funds.
“In March, we found ourselves in a negative financial condition. If Barcelona is a limited liability company, then the situation leads to dissolution,” said Ferran Reverter when delivering the results of the club’s financial audit, Wednesday (6/10/2021).
“The club was handled very badly before, with all improvisation. They (the old management) launched the Espai Barca project and the signing of players was sloppy.”
“Since April 2021, Barcelona has no money to operate,” he added.
For the record, Barcelona is owned by supporters, or so-called Socis (club members). Currently there are about 144 thousand sausages that determine the direction of the club.
Barcelona is still carrying out investigations and forensic analysis of transactions under the old management. Management is looking for evidence of irregularities that occurred.
“During the period 2016-2020) revenues grew by 30% and club spending rose by 55%. When Barcelona had to prepare for the biggest project in their history (Espai Barca), they had already lost money,” added Reverter.
Espai Barca is a Camp Nou renovation project, as well as the construction of the Estadi Johann Cruyff and Campus Barca.
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