FC Barcelona: "The financial and economic situation is dramatic and very worrying" (J. Laporta)

"The financial and economic situation of FC Barcelona (LaLiga Santander) is dramatic and very worrying," said Joan Laporta, president of the Catalan club, during a press conference on 16/08/2021.

A debt of €1.35bn, a loss of €481m at the end of the 2020-21 season and negative equity of €451m: these are the financial results posted by Barça and confirmed by its president, whose strategic plan should allow the club "to be in a healthy state in two years."

"The club's wage bill represents 103% of income (€617m). It is 25 to 30% above our competitors," said Joan Laporta, who thus looked back on the legacy of Josep Maria Bartomeu's management, adding that he was forced to take out an €80m loan from Goldman Sachs to be able to pay salaries as soon as he was elected president of FC Barcelona (on 07/03/2021).

"A strategic plan to make sure we have a functioning business and enjoy the confidence of our creditors" (J. Laporta, FC Barcelona)

The 2020-21 financial year

• "The end of the financial year of the 2020-21 season will bring losses of €481m. This has been audited by Ernst&Young and…