Wednesday, 28th July 2010
Having been forced to sell Dymtry Chygrynskiy back to Shakhtar Donetsk to address a cash flow problem last month, the true extent of Barcelona’s debts has been revealed. And while it makes unpleasant reading, there is nothing to suggest it is a major issue for the Camp Nou club.
The Spanish champions’ debt stands at €442M and last season they recorded a loss of €77M. Indeed, last season there was a shortfall between what the club earned and the costs they carried.
New president Sandro Rosell has pledged however to bring the situation under control and Yaya Toure also joined Chygrynskiy in heading for the exit.
A range of options other than reducing the club’s cost base are open to Rosell and, as arguably the biggest brand in world football, Barcelona appear to have more reason than most to approach the future with optimism.
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