Barcelona is forced to reduce its debt

Eduard Romeu, Financial Vice President of FC Barcelona, convinced that it is Barcelona He has failed to reduce the structural debt he maintains (1,350 million euros excluding the 1,500 million investment of España Barça) and is confident that the reduction will come when the “extraordinary income” from the new Spotify Camp Nou is spread over it.

He confirmed this in an informal meeting with journalists v Barca’s financial manager. “We restructured the debt for up to ten years, as prudently as possible,” requested Romeo.

The club is not worse than two and a half years ago

The vice president for the economy does not agree with this affirmation of Víctor Font, a candidate in the last electionthat the club is in a worse situation than two and a half years ago.

“It’s not like that,” he said and remembered that even Board of Directors of Joan Laporta He had to request a loan of 200 million in order to pay salaries for that May 2021.

“When we arrived, the emails (from the server) were deleted, we’ve been looking for two years Patience on the side of inheritance and in sports, in this second case too, we shortened a year”, he said.

Romeo wants the club to achieve “constant positive results without using leverage” and wants to return to “black numbers” in the 2023-24 season.

Salary reduction from 708 million to 528 million

The expected wage bill for the next financial year reaches 528 million euros, excluding registrations and player departures, when it amounted to 708 million at the time Joan’s board of directors Laporta took over the leadership of the club.

In addition, Romeu revealed that of those 528 million, 90 corresponds to the salary of the sections, and 51 million to five players that the club does not have (Lenglet, Umtiti, Dest, Collado and Gustavo Maia). This was commented by the vice president inherited $389 million in deferred wages70 million of which is still to be paid.

And in this connection, he reminded that the “easiest” was to “do what was done before”, i.e. postpone the payments, gradually increasing the chips as happened in several cases.

“You have to be responsible, because it is ungrateful to stick your hand in your pockets. Let’s not simplify,” insisted the head of the economy, who condemned the existence of “false bonuses”. legacies, such as compliance payments contracts or for winning matches.

He also offered data as an example the situation in which Barça found itself, with intermediary payments reaching 40 percent of the business.

“The arrival of Neymar caused the beginning of the problem, because everything is inflated when it is done excessively high salary for a player who has just arrived Madness arises when he leaves, the tension disappears,” he says.

New contracts will be able to be registered from July 1. Romeo also spoke about registration players in LaLiga, soccer players that they are renewed and have new conditions, but which are not registered, in relation to Gavi, Araujo, Marcos Alonso, Sergi Roberto or Iñaki Peña.

For this, Barcelona will have to wait until July 1. R.Omeu announced that the Board of Directors will have to guarantee six million euros, because the planned cuts in the professional parts did not meet the requirements of LaLiga.

“Those applications can be made, that’s something that doesn’t worry us, even if we have to activate that guarantee,” the economic vice president insisted.

Montjüic, the closing of Barça TV and the rise of women’s Barça Romeo did not quantify the forecast of subscribers who gave their consent to renew their season ticket to go to Montjüic. “The figure has not been updated,” he commented, despite various reports saying it would reach 12,500 claims, far from the forecast of 20,000.

Source: Panama America

Emma

Emma

I'm Emma Jack, a news website author at 24 News Reporters. I have been in the industry for over five years and it has been an incredible journey so far. I specialize in sports reporting and am highly knowledgeable about the latest trends and developments in this field.

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