FC Barcelona need to save €300 million to avoid bankruptcy

The Covid-19 pandemic has already affected the economical condition of every sector of the world. The football world is not an exception. Some small clubs have already faced multiple crises. Now, some big clubs have started to face the same situation.

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As per a report by Diario Sport, FC Barcelona needs to save almost €300 million to avoid a financial crisis. FC Barcelona board is now searching for solutions for this situation.

FC Barcelona president Josep Maria Bartomeu has resigned from his post last week. Carlos Tusquets has been appointed as the interim president.

In the press conference Tusquets said, “We do not want to take money from anyone.”

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“We have to reduce short-term expenses. We hope to reach an agreement with the players and with all the club’s staff on the salary negotiation process.”

“The essential thing at the moment is to lower expenses and look for forms of income that do not exist at the moment.”

“One of the basic aspects that provide income is tourism, even more so than television rights. In the last year, before the pandemic, the club had raised €220 million from the Camp Nou – that is impossible this year.”

“All the decisions we take may be revoked by the board of directors that come into the club once the next elections have been held.”

FC Barcelona has sold Luis Suarez, Arturo Vidal, Arthur Melo, Rafinha Alcantara, and Nelson Semedo last summer. But that was not enough. They still need to make up the deficiency.

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Rishab Chakladar
An ordinary person with some extraordinary ambition! Dream big with a 'Never Give Up' attitude. Music, Sports, and Gaming in life♥️

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