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Barcelona's financial state

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The myth shattered. Barca are supposed to be a club that brings local kids through without paying massive fees, give all their money away to repair church roofs and buy kidney machines, solve world poverty and climate change...and still win the CL and Intercontinental Cup with the wizardry of their little midfield wonders who'll only take a pack of tortillas and crate of San Miguel for wages.

They're really just borrowing hundreds of millions and giving it to their superstars? Say it aint so.
 
Theoretically, if they dump UNICEF as a sponsor and get a paying one, they will be more than able to make the payments on the loan. Don't see this as a problem.
 
this isnt really a crisis, at least not in the sense that pompey, the RS, leeds or indeed most of la liga are in crisis.

What has happened is that the club has recently changed presidents (from Laporta to Rosell, who hate each other), the company that had their tv rights (in spain these are on a club basis rather than the league - barcas is worth £825 million) has entered bankrupcy protection and the players that have been sold are not exactly panic sales (they made a huge profit on Toure, and Chygrynskiy was absolute [Poor language removed]). they still went out and paid £30 million for villa, though Rosell will probably use this excuse to back off from signing Fabregas (who they dont really need, and who was one of Laporta's targets). Barca still made a profit in 08-09 and will probably have made one in 09-10.

also the club which sold its training ground to the council was real madrid, not barca
 

brooklynlou said:
Theoretically, if they dump UNICEF as a sponsor and get a paying one, they will be more than able to make the payments on the loan. Don't see this as a problem.
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I think the incoming regime are paving the way for that. I fully expect to see Coca Cola or Sony plastered across their shirt sooner rather than later.
 
tsubaki said:
this isnt really a crisis, at least not in the sense that pompey, the RS, leeds or indeed most of la liga are in crisis.

What has happened is that the club has recently changed presidents (from Laporta to Rosell, who hate each other), the company that had their tv rights (in spain these are on a club basis rather than the league - barcas is worth £825 million) has entered bankrupcy protection and the players that have been sold are not exactly panic sales (they made a huge profit on Toure, and Chygrynskiy was absolute [Poor language removed]). they still went out and paid £30 million for villa, though Rosell will probably use this excuse to back off from signing Fabregas (who they dont really need, and who was one of Laporta's targets). Barca still made a profit in 08-09 and will probably have made one in 09-10.

also the club which sold its training ground to the council was real madrid, not barca
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Good info mate.
 
Interesting article about Barca's finances.
http://www.dailyfinance.co.uk/2010/07/07/barcelona-fc-loan-raises-eyebrows/

There could be further problems ahead due to problems in the Spanish economy and concerns about money owed to the club by its TV rights partner Mediapro, which last month announced it was seeking bankruptcy protection. Barca has a seven-year contract worth €1bn until 2013. But incredibly it has admitted that it only has a verbal guarantee the money will be paid.
 
Piijt said:
Interesting article about Barca's finances.
http://www.dailyfinance.co.uk/2010/07/07/barcelona-fc-loan-raises-eyebrows/

There could be further problems ahead due to problems in the Spanish economy and concerns about money owed to the club by its TV rights partner Mediapro, which last month announced it was seeking bankruptcy protection. Barca has a seven-year contract worth €1bn until 2013. But incredibly it has admitted that it only has a verbal guarantee the money will be paid.
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Thanks mate, good read. Who'd have thought a club like that woould rely on a verbal agreement to hold good? I'm glad Everton dont rely on verbal agr....hold on....

Looks like Barca have the problem those Nationwide League clubs a while back had when ITV digital pulled the plug on their tv deal.
 
davek said:
The myth shattered. Barca are supposed to be a club that brings local kids through without paying massive fees, give all their money away to repair church roofs and buy kidney machines, solve world poverty and climate change...and still win the CL and Intercontinental Cup with the wizardry of their little midfield wonders who'll only take a pack of tortillas and crate of San Miguel for wages.

They're really just borrowing hundreds of millions and giving it to their superstars? Say it aint so.
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Howling here.
 

So the self proclaimed best club on earth and the keepers of justice and righteousness have been paying for players and then paying the players with cash gained on the never-never.
No wonder they were so p!ssed off with Inter beating them (very very rightly btw!) they really needed that cup winners cash.
I laugh at the Liverpoolesque depths they have invited upon themselves and will rejoice as and when they go under. Cheats never prosper, some just survive longer than others.
 
I am just not shocked anymore whenever i read yet another story on a club and their financial situations.
 
So the biggest club in the world is having financial trouble? Surely this is the biggest sign that the spending going on in football has to stop, it is just insaine some of the time
 
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