COVID has hit almost every club in world football, but it has probably hit no club harder than Barcelona. We have been writing for months about the clubs financial situation. Unfortunately for Barca fans, the financial situation is getting worse not better, according to a report published on Friday in El Confidencial. It article claims […]
Finances
FC Barcelona is in the midst of a presidential campaign, but the winner might be getting a poisoned challis as Barcelona’s growing debt is set to force the club into a period of dramatic austerity, with the Catalan giants owing €900m to creditors. The LaLiga side announced during the 2019-20 season that it expected to […]
An eye-watering £4.5billion loss is expected to be suffered across Europe’s top six leagues as a result of the coronavirus pandemic, according to a new report from KMPG. The international audit company have compiled an in-depth study into the effects the ongoing Covid-19 chaos caused last season, with particular focus given to the 2020/21 champions […]
La Liga has reduced Barcelona’s wage cap from €671 million last season to €382.7m this season, a fall of €288.3m in the wake of the financial pressures caused by the Covid-19 pandemic. Barcelona will have nearly €383 million to spend on salaries, compared to €671 million euros last season. Madrid has the biggest cap this […]
Fifa says it is not aware of any agreement for Barcelona to join a European Super League. Outgoing Barca president Josep Maria Bartomeu said the club had begun proceedings as he announced his resignation on Tuesday. In a press conference on Tuesday, Bartomeu announced that the Spanish club has agreed to join the proposed European […]
Four senior Barcelona players have signed new contracts which include a temporary salary reduction because of the impact of coronavirus. The signings is a big win for embattled Barcelona president Josep Maria Bartomeu as they bat back criticism that he and the board have lost the dressing room. That Bartomeu was able to get Pique […]
Manchester United suffered a £70m drop in revenue in the period to 30 June 2020 as a direct result of the coronavirus pandemic. United’s overall revenue was down 18.8% from £627.1m to £509m, but part of this was due to the club not qualifying for last season’s Champions League. In last year’s statement, United had […]
La Liga president Javier Tebas has criticized the decision to overturn Manchester City’s two-season ban from European football. The Court of Arbitration for Sport (CAS) confirmed on Monday that the Premier League club had been cleared of “disguising equity funds as sponsorship contributions” and would be allowed to enter into European competitions as normal. Back […]
Manchester City have won their battle with UEFA and their two-year Champions League ban has been lifted. The Premier League club were banned from European football for two years in February after UEFA found they had committed ‘serious breaches’ of its Financial Fair Play regulations. But many of the alleged breaches were more than five […]