Description
Added on the 12/08/2021 14:00:00 - Copyright : EFE Inglés
Barcelona, Spain, Aug 16 (EFE).- FC Barcelona has debts totaling 1.35 billion euros ($1.6bn) and its economic situation is “worrying,” the club’s president Joan Laporta confirmed Monday, a week after the Catalan giants had to let go of star player Lionel Messi due to financial woes.LAPORTA TRANSLATIONS:We saw losses of 481 million euros. These losses are a consequence of the 631 million in income and the 1.136 billion in expenditure. These losses were audited and presented to LaLiga. What we have to pay amounts to 1.35 billion euros.
Barcelona, Spain, Aug 16 (EFE).- FC Barcelona has debts totaling 1.35 billion euros ($1.6bn) and its economic situation is “worrying,” the club’s president Joan Laporta confirmed Monday, a week after the Catalan giants had to let go of star player Lionel Messi due to financial woes.
"This is an amazing and historic day for the club, for the football world (...) Leo makes the football magic, beautiful, and he is a winner," says PSG president Nasser Al-Khelaifi during Lionel Messi's official presentation at Parc des Princes. SOUNDBITE
Barcelona, Aug 6 (EFE).- (Camera: EFE) The renewal of Lionel Messi’s contract would have put Barcelona’s future “at risk,” which is why the Argentine superstar will be let go, club president Joan Laporta said on Friday.
Barcelona, Aug 6 (EFE).- (Camera: EFE) The renewal of Lionel Messi’s contract would have put Barcelona’s future “at risk,” which is why the Argentine superstar will be let go, club president Joan Laporta said on Friday.FOOTAGE OF JOAN LAPORTA'S PRESS CONFERENCE.SOUNDBITES OF LAPORTA.Translation:"Unfortunately, we have inherited a disastrous legacy, with sporting wage expenses equal to 110% of the club’s total income. This means we don't have any wiggle room for salaries. The Spanish League's rules go through a financial fair play, which imposes salary restrictions and we don't have wiggle room. ""To expand that financial ‘fair play,’ Barça would have had to agree to an operation that entailed mortgaging part of the club’s TV licencing rights for half a century. When we had to decide, or I had to decide, I'm not willing to do that for anybody.""Leo wanted to stay at Barça and we wanted him to stay. The fact that he wanted to stay is what set us on the path to see if it was possible."