FC Barcelona's Economic Woes: Debt Soars to €135 Billion
Barcelona's Debt Crisis Deepens
Financial Vice President Eduard Romeo Reveals Staggering Amount
FC Barcelona's financial woes have reached alarming levels, with the club's economic vice president, Eduard Romeo, revealing that its debt has ballooned to an astonishing €135 billion. This represents a significant increase from the previous debt of €75 billion.
According to club president Joan Laporta, the debt has risen by a staggering €60 billion since the COVID-19 pandemic began. This has been attributed to a combination of factors, including the loss of match-day revenue, the departure of key players, and poor investment decisions.
"We have a difficult situation," said Romeo. "The debt has grown significantly, and it is a major concern for the club. We are working hard to reduce it, but it will take time."
Barcelona's financial crisis has been compounded by its recent struggles on the pitch. The team has failed to win a major trophy since 2019, and it is currently languishing in mid-table in La Liga.
The club is now facing a crossroads. It must either find a way to reduce its debt or risk spiraling into insolvency. Laporta has said that he is confident that Barcelona can overcome its financial challenges, but it remains to be seen whether he can deliver on his promise.
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