Barca

Discussion in 'Sunderland' started by Essayyeffcee, Jan 26, 2021.

  1. Essayyeffcee

    Essayyeffcee Well-Known Member

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    Just watching Sky Sports News and it's reporting that Barcelona are 1 BILLION Euros in debt! Just an astronomical amount!
     
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  2. MDoc99

    MDoc99 Well-Known Member

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    Both Barca and Real Madrid live in constant debt. They have been ran like that for years. I imagine this last two years with little success and especially the last year with the pandemic will have hit both very hard!
     
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  3. SnakeEyes

    SnakeEyes Active Member

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    Didn't the Spanish government wipe out there debt at one point in the past?
     
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  4. Essayyeffcee

    Essayyeffcee Well-Known Member

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  5. safc-noggieland

    safc-noggieland Well-Known Member

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    More than once I believe. :angry:
    KTF
     
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  6. Sunderlad

    Sunderlad Well-Known Member

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    yes for Real Madrid
     
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  7. SnakeEyes

    SnakeEyes Active Member

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    #7
  8. SnakeEyes

    SnakeEyes Active Member

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    Can you imagine if the UK government did that for Man Utd or Liverpool
     
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  9. rowley

    rowley Well-Known Member

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    They are both knee deep in the ****e.

    There has been a change in the law to prevent the elected officers of the two clubs( plus Ossosuna and Athletic Bilbao) from being personally liable for club debts, so great are they in the first two cases.

    But sympathy for those two should run very shallow. Real Madrid have splurged £500m on a ground project that does not deliver a single extra seat or improved facilities. It is a vanity, shiny wrap around of the Bernabeau. Barca pay one player €100m a year.

    They have inhabited a false world which has bent to their will for long enough. This day was coming.
     
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  10. SnakeEyes

    SnakeEyes Active Member

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    So what's actually happening atm then? Are they scrambling to clear the debt?
     
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  11. rowley

    rowley Well-Known Member

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    I don't know if they can. The article I read said they might have to change their structure, but the money is eye watering. Go knows what they'll do!
     
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  12. SnakeEyes

    SnakeEyes Active Member

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    I might have a Google see what I can find. It's crazy how football clubs seem to be able to carry so much debt.
     
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