Headline USA

Indebted! Barcelona's signings increase the club's debt by more than 197 million euros | The State

He Barcelona owes 196.7 million euros in player transfers, according to the fiscal year that the Barça entity made public this Monday and that confirms its more than delicate economic situation.

And it is that the club has increased in 55.5% net debt in a single season, going from 217 million euros in the 2018-2019 financial year to 488 million in 2019-2020. And it has also increased short-term debt by 31%, from 505.5 million to 731.

Among the debit items are those 196.7 million euros for player transfers, such as Frenkie de Jong, for which the Catalan club still has to pay Ajax 48 million euros, Philippe Countinho 40 million to Liverpool, Francisco Trincao 9.8 million to Sporting de Braga, Junior firpo 9 million to Betis, or Matheus fernandes, signed from Palmeiras a year ago, and for which 4.6 million is still owed to the Brazilian club, despite the fact that the player has only played 17 minutes with the first team.

Instead, Barça only has 46.4 million euros pending to collect in transfersTherefore, the balance in this item shows a negative balance of -150.3 million.

According to the annual report, During the 2019-2020 season, the entity had operating income of 885.4 million euros, when the forecast was to enter 1,059 million. That is, 203.7 million less than attributed to the COVID-19 pandemic.

Those 855 million also suppose a reduction of -14% compared to the 990 million euros that Barcelona entered in the previous year, and after-tax losses of 97 million euros.

That loss of income comes mainly from the partial return of membership fees, the loss of ticket offices due to closed-door games and operating income from facilities such as the museum, Hospitality, events, etc.

It may interest you:

De Jong, the resurrected midfield that Barcelona needed to succeed again

.

Leave a Reply

Your email address will not be published. Required fields are marked *