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Barca made a 70m loss, debt up to near 400m

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Woland

Woland

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Barcelona president says club to cut back spending to overcome large debt
By The Associated Press (CP) – 1 hour ago

BARCELONA, Spain — Barcelona plans to cut back spending to help reduce its debts of more than 400 million euros (C$565 million) and take legal action against former president Joan Laporta over the club's poor financial state, his successor Sandro Rosell said Saturday.

Rosell addressed his first members "due diligence" meeting in charge of the defending Spanish champion, where vice-president Javier Faus said the club lost 79.6 million euros (C$112.4 million) last season.

Club members voted to take legal action against the former board of directors, which Laporta presided over until June 30, saying "it must answer for its management before the tribunals of justice."

"I don't know if they have taken money," Faus said. "I am not at all pleased to have to approve accounts with 79 million euros in debts. There won't be any special credit levy, but the club will be poorer."

Faus said there was still reason for optimism as revenues of 415.4 million euros (C$586.3 million) were "the highest in the club's history."

"Austerity will be a pillar in our day-to-day management," Rosell said, adding that banks had extended 155 million euros (C$218.8 million) in credit. "The club has sufficient cash to meet its short and medium term obligations."
 
Yeah, that and stupid management. I'm sure they'll fondly remember the money they blew on Ibra and Masch when they need to replace Xavi with Fabregas in the next couple of seasons but can't afford him - despite a massive TV deal and massive gates.
 
I would love it if they went down the shits and were forced to sell players.

Their players have acted in an especially classless manner in making derogatory statements about Liverpool FC. It is due to clubs like Liverpool, Manchester United, Real Madrid, Barca, The Milan clubs, Juventus etc making the game popular, these guys are earning as much as they are. To insinuate that a player could/should be embarrassed to play for a club of that stature, no matter where they are on the league table currently, is poor form. I'm even more shocked that Barca management seems to be encouraging that sort of behavior. I want them to get fucked well and truly.
 
Barca didn't have much to do with making the game "popular" in my opinion. Up until recently they had done little more than Nottingham Forest.
 
I didn't like the behavior oftheir players in the celebrations following their WC triumph. What on earth gave them the right to put the Barca shirt on Fabregass. Also didn't like the way they handled the Mascherano saga.
Anyway, I'm pretty sure Real Madrid's books look just as bad (although their debts are probably waived by the authorities....)
 
[quote author=kingjulian link=topic=42281.msg1198353#msg1198353 date=1287251098]
I would love it if they went down the shits and were forced to sell players.

Their players have acted in an especially classless manner in making derogatory statements about Liverpool FC. It is due to clubs like Liverpool, Manchester United, Real Madrid, Barca, The Milan clubs, Juventus etc making the game popular, these guys are earning as much as they are. To insinuate that a player could/should be embarrassed to play for a club of that stature, no matter where they are on the league table currently, is poor form. I'm even more shocked that Barca management seems to be encouraging that sort of behavior. I want them to get fucked well and truly.
[/quote]

Agreed. The wages they offer to players are crazy. Victor Valdez is earning around 160,000 per week.
 
I used to admire them for their football - Ronaldinho pulling all the stops in his peak.. But now I think I prefer Madrid after the way their players all turned into cunts..
 
[quote author=jimmy link=topic=42281.msg1198359#msg1198359 date=1287252183]
I didn't like the behavior oftheir players in the celebrations following their WC triumph. What on earth gave them the right to put the Barca shirt on Fabregass.
[/quote]

Didnt realise Pepe Reina played for Barcelona.
 
There was an interesting article that I posted a while back on the subject of Barca's financial situation and whether they could afford to buy Fabregas and it concluded that things aren't quite as bad as Rossell is making out. That there is a lot of room to interpret things differently to paint the picture you want to paint.

They were going to buy Fabregas this summer and ended up buying Masher instead. They'll buy him next summer.
 
[quote author=SaintGeorge67 link=topic=42281.msg1198354#msg1198354 date=1287251179]
Barca didn't have much to do with making the game "popular" in my opinion. Up until recently they had done little more than Nottingham Forest.
[/quote]

What a silly thing to say.
 
I've got absolutely no interest in another Barca related.

Fuck 'em.
 
[quote author=DBP link=topic=42281.msg1198399#msg1198399 date=1287259525]
[quote author=jimmy link=topic=42281.msg1198359#msg1198359 date=1287252183]
I didn't like the behavior oftheir players in the celebrations following their WC triumph. What on earth gave them the right to put the Barca shirt on Fabregass.
[/quote]

Didnt realise Pepe Reina played for Barcelona.
[/quote]

Funnily enough he was in goal for them when we beat them on the way to the Treble.
 
Was that at the Nou camp?

They could have played without a keeper that day. We had no ambition to get into their half whatsoever.
 
Both legs, I think. I'm pretty sure it was him who couldn't stop Sir Gary's penalty at Anfield. Good job he's got better at it since. 8)
 
[quote author=Squiggles link=topic=42281.msg1198410#msg1198410 date=1287260367]
Was that at the Nou camp?

They could have played without a keeper that day. We had no ambition to get into their half whatsoever.
[/quote]

I was at that game. Not good watching the most boring game of your life whilst coming down from a 12 hour drinking session.
 
Reina hasn't saved a penalty in ages, unfortunately.

He was unbeatable when in his first two seasons.
 
[quote author=Sheik Yerbouti link=topic=42281.msg1198413#msg1198413 date=1287260562]
[quote author=Squiggles link=topic=42281.msg1198410#msg1198410 date=1287260367]
Was that at the Nou camp?

They could have played without a keeper that day. We had no ambition to get into their half whatsoever.
[/quote]

I was at that game. Not good watching the most boring game of your life whilst coming down from a 12 hour drinking session.
[/quote]

Haha, yeah, it was dull as fuck, but it's stuck in my memory because it was the most negative I'd ever seen us play.
 
[quote author=DBP link=topic=42281.msg1198399#msg1198399 date=1287259525]
[quote author=jimmy link=topic=42281.msg1198359#msg1198359 date=1287252183]
I didn't like the behavior oftheir players in the celebrations following their WC triumph. What on earth gave them the right to put the Barca shirt on Fabregass.
[/quote]

Didnt realise Pepe Reina played for Barcelona.
[/quote]

I remebered Pique and Puyol doing so, but I might have missed Pepe. (Actually Pepe was the man with the mic and was hugging Fabregas but not actually helping dressing him up...)
 
Keni - my point was in response to them making the game popular and bigger wages, which I assume means the Premier League era. Koeman scored at Wembley and they became the latest Steau Bucharest.

They're very very good recently, but so are Chelsea and maybe soon Man City (yes, I know neither has won a European Cup). Their place in history is overstated. Fuck them. I prefer Real madrid (and that's as an Athletic Bilbao fan).
 
[quote author=SaintGeorge67 link=topic=42281.msg1198445#msg1198445 date=1287266920]
Keni - my point was in response to them making the game popular and bigger wages, which I assume means the Premier League era. Koeman scored at Wembley and they became the latest Steau Bucharest.

They're very very good recently, but so are Chelsea and maybe soon Man City (yes, I know neither has won a European Cup). Their place in history is overstated. Fuck them. I prefer Real madrid (and that's as an Athletic Bilbao fan).
[/quote]

The latest Steau Bucharest? Chelsea? City?

Listen to yourself.
 
I'm drunk obviously just to clarify, but I don't like barcelona. Real, AC, liverpool, even bayern, ajax and united have done more in my opinion.
 
The guy just mentioned them as one of the most famous clubs in Europe, which they undoubtedly are. To start making comparisons to Forest and City is ridiculous no matter how much the over the top anti-Barca sentiment is influencing it.

Back to drinking.
 
The recent comments from some of their players and the publioc, aggresive pursuit of other club's players has indeed been distasteful but they are a club I have a lot of time for. Read up on their history. They are what a football clubshould be all about.
 
[quote author=Sheik Yerbouti link=topic=42281.msg1198459#msg1198459 date=1287268474]
The recent comments from some of their players and the publioc, aggresive pursuit of other club's players has indeed been distasteful but they are a club I have a lot of time for. Read up on their history. They are what a football clubshould be all about.
[/quote]


yep, it's a bit silly all this hatred for a great club like barca. i know some people are desperate to declare their contempt for a desire to play the game 'the right way', and i suppose that's fair enough, but for plenty of us barcelona at times is football at its best. the way they took arsenal apart at the emirates was exhilirating.


and incidentally, i thought that the worst of the recent quotes - the ones about torres needing to leave liverpool - had been explained as misquotes, or just plain made-up. can anyone confirm that?
 
Has their recent tapping up of players by their players been any worse than Stevie's comments regarding Gareth Barry a couple of summers ago?
 
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