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Barca’s $ 1 billion debt bubble looks ready to collapse – Soccer Sports

January 26 – The full picture of the financial crisis in Barcelona, ​​one of the world’s largest football brands, was revealed by a phenomenal claim that the club is on the verge of bankruptcy.

The coronavirus pandemic has hurt almost every team in Europe, but Barcelona is said to have lost far more money than any other team.

According to the latest financial figures, the debt is € 1.173 billion, of which € 730 million will be paid in the short term and € 266 million will be paid to the banks by June 30.

The report also highlights the fact that 74% of the club’s income is spent on player wages. This exceeds the 70% limit of the league. A total of € 126 million is still being paid to other clubs, including € 29 million for Liverpool, which signed with Philippe Coutinho in 2018, and € 16 million for Ajax for Frenkie de Jong.

Interim club president Carlos Tusquets said in an extensive interview with Catalan radio station RAC1 while the Spanish daily La Vanguardia claimed that the Catalan giant had to repay a debt of € 420 million. Said he was unable to pay the player the pre-agreed January salary. To survive bankruptcy.

Watchful numbers strengthen Lionel Messi’s potentially attention-grabbing departure, leaving Josep Maria Bartomeu while Bartom is 10 points away from Atletico Madrid’s lead while on the field. There seems to be no doubt that it will present a major headache to those who take over the president.

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– Soccer Sports

Barca’s $ 1 billion debt bubble looks ready to collapse

http://www.insideworldfootball.com/2021/01/26/barcas-billion-debt-bubble-looks-ready-burst/ Barca’s $ 1 billion debt bubble looks ready to collapse

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