FC Barcelona financial crisis worse than initially thought
The new club president and his board have inherited a massive problem.
April 1, 2021 08:43 BST
Much has been said about FC Barcelona's financial crisis in recent months. However, a fresh audit has revealed to the new board that they have a monumental task ahead of them if they want to turn the situation around in the fastest time possible.
One thing is clear, the situation is worse than initially thought. Club members who are hoping for positive changes in the upcoming transfer window may be up for a disappointment.
Newly-elected club president Joan Laporta and his new board have carried out an audit to analyse the mess that they have inherited from Josep Maria Bartomeu and his team. The continuing losses brought about by the novel coronavirus pandemic has also compounded the problem.