Almost 1.2 billion euros in debt: The dramatic financial situation at FC Barcelona

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The financial situation of FC Barcelona is deteriorating dramatically, as the current annual report shows.

This now shows a debt level of almost 1.2 billion euros, the short-term liabilities alone amount to around 730 million euros.

The 26-time Spanish champion is apparently about to go bankrupt, last year alone the loss should have been around 100 million euros.

Even now, one of the largest football clubs in the world can no longer pay its players in full.

Normally, the professionals around Lionel Messi (33) would receive the second of their three salary payments per season in January.

But the transfer is canceled this month.

"It is a bankruptcy case," admitted interim club president Carles Tusquets, 69.

74 percent of the club's expenses go towards the salaries of professionals and employees.

Although the measure has been agreed with the players, they do not forego the money, but should be paid out over the next four seasons.

So the problems are only postponed.

The club has experience in this, as a look at the club's transfer debts shows.

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According to the Catalan newspaper “Sport”, Barca are still in the chalk at other clubs with 322 million euros.

These are outstanding payments from player changes that have long been made.

The annual report shows that 126 million of these should be due in the short term.

Eleven million euros for Arturo Vidal

The biggest creditor is Liverpool FC.

From Philippe Coutinho's 145 million transfer, which was now three years ago, 69 million euros are said to have been open at the end of 2020, 29 million of which were to be paid in the short term.

At the Dutch Frenkie de Jong, who was signed in the summer of 2019, Ajax Amsterdam is apparently still waiting for 64 of the 84 million transfer fees.

Incidentally, FC Bayern also appears in the long list of clubs.

Arturo Vidal should still have eleven million euros open.

The Chilean moved from Munich to Barcelona for 18 million euros in the summer of 2018 before moving to Inter Milan last summer.

In return, the club itself can only collect 46 million euros from other clubs that have not yet paid the redemption in full.

The presidential election last Sunday was supposed to be a fresh start.

Joan Laporta (58), Victor Font (48) and Toni Freixa (52) took over to succeed Josep Maria Bartomeu (57).

With his resignation in October, he had anticipated a vote of no confidence by the members.

But the election was postponed to March 7th due to the curfew in Barcelona.