Barcelona financial chief admits €500m needed to ‘save’ club

Barcelona’s vp for finance has claimed that €500m (£427m) is required to ‘save’ the membership.

La Blaugrana’s monetary woes are not any secret, with president Joan Laporta talking at size about simply how dangerous issues had been when he joined the membership in March 2021. It’s well-known that there’s nonetheless quite a lot of work to do to clear the large debt on the books at Camp Nou.

Based on monetary chief Eduard Romeu, the quantity wanted to repair Barcelona’s woes sits at a whopping half a billion euros.

“The quantity doing probably the most harm is asset imbalance,” Romeu instructed Sport. “The destructive capital of €500m. I stated it earlier than, if somebody desires give me €500m…that’s what we have to save Barca.”

Regardless of the necessity for cash, Romeu confused that Barcelona should not keen on La Liga’s CVC deal, which might see them pocket an enormous sum of cash in trade for a share of their audiovisual rights.

“For us, regardless of all of the strain now we have obtained and the Honest Play difficulty we at all times have to bear in mind, it’s a nasty deal,” Romeu stated of the CVC deal.

“From a monetary viewpoint, it’s settled and I believe the president has been very clear.”

As a substitute, Barcelona are planning to raise money by promoting shares of their merchandising and audiovisual division, which might elevate a cool €400m.

This text was initially printed on 90min as Barcelona financial chief admits €500m needed to ‘save’ club.

Supply: www.90min.com