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An exercise in despair - Barcelona president Laporta slams predecessor Bartomeu over €1 35bn debt
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Real Madrid president speaks on influencing Messi s departure from Barcelona
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They could, in theory - but at what cost?
As things stand, Barca are simply not in a position to make this deal happen. The Blaugrana are nearly €1.2 billion (£1.1bn/$1.5bn) in debt. Of even greater concern, though, is the fact that their short-term debt is approximately €500m (£425m/$590m) and must be repaid by June 30.
Even accounting for further wage cuts, loan repayment deferrals to existing creditors, and the potential sale of unwanted players on massive salaries, Barca clearly need financial aid just to balance the books, let alone fund an expensive signing such as Haaland.
Help may be at hand, though, from Goldman Sachs. The American multinational investment bank has already offered the Blaugrana a 30-year, €800m loan for the Espai Barca project, which includes the redevelopment of the club s training facilities, Camp Nou and its surrounding areas, offices and arenas.
New Barca boss Laporta faces uphill task of scaling mount of debt 2 minutes read
By Sergi Escudero
Barcelona, Mar 12 (efe-epa).- Joan Laporta, the new FC Barcelona president, faces a Herculean task to address the club’s massive debt burden of $1.4 billion.
Out of this, $870 million have to be paid in the short term, and negative working capital of $600 million is required to find quick solutions to rescue the iconic club.
To address this, Laporta has chosen different people from the economic sector to help him into his second stint as the president.
He started with Jaume Giro as the club’s new economic vice president.
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