Need a new thread “the demise of LFC online” with all these threads 🤬
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Erm... Barca... a-are you ok?
https://www.goal.com/en/news/barcelona-financial-report-reveals-considerable-debt-that/xhdolg8mesqj1q8diwtu3d8co
Etiam si omnes, ego non
Need a new thread “the demise of LFC online” with all these threads 🤬
Not but for real - the others are tongue in cheek, but this one might be an actual demise. How the heck do you pay off a billion in debts??
Etiam si omnes, ego non
They are defo in a pretty bad pickle BUT suggestions they are likely to go under... are like these paintings...
Getting Messi off the wage bill would be a good start
@Steveo
Yeah, agree it's pretty unlikely, but I mean... Parma, Leeds - it's happened before. Yes, they were nowhere neat the size of Barcelona (at present) but they weren't tiny clubs either! A billion is a lot of money. A lot.
@rdu
Not sure that would even make a considerable dent. How much does he realistically earn? 50m a year? Even if it's 100m... still nowhere near enough, not to mention that losing it would impact a lot of their revenue streams very negatively. He might be a net financial gain for them for all we know!
Etiam si omnes, ego non
Owe about a billion
Earn close to that each year
Annual income - debt servicing - then pay off some of the amount owed when you can.
I wont be buying them, but big football teams continue to entice new owners and investors
They've been run badly over recent years, wouldn't take too much to turn their situation around imo.
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