The Boy
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Excellent article here from the The Athletic https://theathletic.co.uk/2689613/2...?article_source=search&search_query=barcalona
It's behind a paywall so for those that can't see the highlights are:
Barca are fecked and really really fecked, Bartomeu has a lot to answer for, he has bankrupted the club, this could see them go under and so far LaLiga is sticking to it's guns, Preisdent of the league Javier Tebas is holding firm
We know about the debts reported to be 1.4 Billion, how do Barca get out of this. Either the league caves in, which seems very unlikely, they end contracts with half their first team or they just go bust.
It's behind a paywall so for those that can't see the highlights are:
- With sales of players like Firpo and Todibo they have raised 26.5M that's about 10% of what they need so far.
- Pique has agreed to defer some of his salary to future seasons to help them through this one, they hope Busquets and Alba will do the same
- A huge part of problem is the amortisation of previous bug money signings
The starkness of Barca’s situation can be seen from how dramatically their permitted squad limit cost has fallen. Back in 2019-20, they had the largest salary cap in La Liga at €671m. Last year it was €347m. The total for the new season has not yet been confirmed, but Catalan radio reported on Monday night that it will be in the region of €160m.
That means that the club would only be able to spend about 25 per cent of the total they had available just two seasons ago on salaries and transfer fees during 2021-22.
The amortisation of players signed by the previous board alone adds up to €144m already accounted for in the books for the coming season — including €20m for Philippe Coutinho, €27m for Antoine Griezmann and €24m for Ousmane Dembele.
- Messi and Barca seem to have reached a deal for him to stay but it can not be announced as they can not register him under the current problems
- They can not register any of Depay, Aguero, Garcia and Royal without clearing 200M
- Messi is on top of that, so even if he took a 90% paycut they currently cannot register him
- There is talk of deferring his salary as well and guaranteeing him a massively well paid ambassadors job at the club in the future, but there are tx issues with this and Messi is nervous of the Spanish tax system for obvious reasons.
Whoever stays or leaves, Messi will likely also have to take a huge pay cut — maybe even something like 80 or 90 per cent — to stay at Barca. The club are looking at ways of making this up to him — such as deferring payment into the future, or guaranteeing him a well-paid ambassador role after his playing career is over. There are however serious tax implications for all these potential solutions, and Messi and his family have learned from experience not to cut corners with the Spanish tax man.
Barca are fecked and really really fecked, Bartomeu has a lot to answer for, he has bankrupted the club, this could see them go under and so far LaLiga is sticking to it's guns, Preisdent of the league Javier Tebas is holding firm
“Barca are currently exceeding their salary cap,” Tebas said recently. “I hope they can include Messi’s wages, but to do so, they will have to cut somewhere else. We cannot make one rule for Messi, another for Haaland…”
He also pointed out that La Liga has survived the losses of Neymar and Cristiano Ronaldo in recent years without hurting its sponsorship or broadcasting deals.
We know about the debts reported to be 1.4 Billion, how do Barca get out of this. Either the league caves in, which seems very unlikely, they end contracts with half their first team or they just go bust.