Barcelona's staggering debt: A ticking time bomb for the Catalan giants

Piling up debt

FC Barcelona has long struggled with financial issues, with its debt rising to a staggering €1.35 billion, according to club president Joan Laporta. The club's Economic Vice President, Eduard Romeo, has warned that this massive debt burden could spell disaster for Barcelona.

A burden too heavy to bear?

Laporta has stated that the club is facing a "very difficult economic situation" and that the debt is "a heavy burden" for Barcelona. He has also warned that if the club does not take action to reduce its debt, it could face serious consequences, including bankruptcy.

Financial due diligence

In an attempt to address its financial problems, Barcelona commissioned a Financial Due Diligence audit from Deloitte in April 2021. The audit revealed that the club had a negative equity of €451 million and that its debt had increased by €200 million in the previous year.

Grim outlook

The Financial Due Diligence audit painted a grim picture of Barcelona's financial situation, and it is clear that the club needs to take drastic action to reduce its debt and improve its financial health. If it fails to do so, it could face a bleak future.