MADRID, Aug 16 — FC Barcelona can reverse their poor financial situation within a year and a half, president Joan Laporta told a news conference today, after saying the club ended last year €451 million (RM2.25 billion) in the red. “I reckon that in a couple of years the club will be...
MADRID, Aug 16 — FC Barcelona can reverse their poor financial situation within a year and a half, president Joan Laporta told a news conference today, after saying the club ended last year €451 million in the red.
With their finances in dire straits after years of wage inflation and expensive transfers, the club could not afford to renew its contract with star striker Lionel Messi, leading to his shock departure to Paris St Germain last week.
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