- Mar 6, 2021
From what I've read costs were outstripping revenue in the four years leading upto covid? Wages were already 70% of revenue pre covid? Which is crazy high anyway.Because that's only true for 2020 due to covid, outside of it it's not higher than their revenue. Also they can perfectly afford his wage if they don't have the likes Coutinho and Griezmann who weren't needed and cost them an absolute fortune. Keep in mind that Messi contract predate those deals.
I'm not as up on this as others but also a big chunk of existing debt is also due to be paid soon? It looks like covid added fuel to the fire but they were always heading into major problems.