Barça is on

the verge of bankruptcy

.

The numbers of the economic memory of the Barcelona entity, known this Monday, paint an absolutely terrible situation.

Such is the situation that the document itself states that "calls into question the application of the going concern principle."

The

total debt

of the entity right now stands at

1,173 million euros

, of which

730 are short-term

, a shocking figure.

And, what is worse, you have to pay

266 million to the banks before June 30, 90 of them to Goldman Sachs

.

In this case, with the company Barça Licensing & Merchandising as a guarantee for these credits, despite the fact that the club indicated at the time that they had no guarantee.

The total wage bill for professional athletes currently stands at

74% of income

.

It should be remembered that the League regulations significantly penalize the fact of exceeding the

70%

limit

in the case of footballers.

Even preventing the club that incurs in this circumstance from registering new players.

UEFA, on the other hand, marks that a club cannot spend in this section more than it normally enters.

The data published by memory, therefore, is worrying.

Barça also still owes

196 million euros to other teams

for several of the additions it has closed in recent years.

Like, for example,

40 million euros to Liverpool for Coutinho

,

48 to Ajax for De Jong

and five million to Atlético for preferential rights in the signing of French

Antoine Griezmann

.

The expenses incurred in amortizations and swaps, such as the one carried out in fact in the operation that ended with

Pjanic signing for Barça and Arthur joining the ranks of Juventus

, have meant, for their part, a total of 186 million euros .

Next season, the hole would increase by 177 million euros more.

And, thus, progressively, until reaching 596 million euros.

The situation has also become even more serious due to the pandemic.

The club expected to enter

56 million euros

through the Camp Nou locations, counting 25% of the public in February that would increase to 50% in May.

Something that also seems very far from being able to meet, although this amount, with the general photo presented by their numbers, would only have fixed part of the disaster.

With a view to last season, Barça had presented a budget of 1,047 million euros that, in the end, became about 855 million reais, which was 14% less compared to the 990 million that were entered in the campaign 2018-19.

The total expenses, meanwhile, was reduced by 2%, going from 973 million euros in the 2018-19 season to 955 million in the 2019-20, in such a way that the operating result indicates a negative balance of 100 million euros and total losses, after tax, of about 97 million euros.

And, on the other hand, it is pointed out that the bank of the entity, as of June 30 of last year, had 162 million euros available.

Finally, taking into account the effects of the pandemic, the financial report of Barça presents a budget for the season that is currently underway of 828 million euros.

In other words, a 3% drop compared to the 2018-19 season income, while operating expenses are expected to be € 796 million.

According to the criteria of The Trust Project

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