FC Barcelona

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FC Barcelona

Postby Goose » Tue Jul 06, 2010 5:56 pm

Barcelona Are Broke it seems

Barcelona, which added World Cup top scorer David Villa this offseason, is negotiating a 150 million- euro ($188.6 million) bank loan after falling behind with salary payments to players. The soccer club denied it’s bankrupt.

The 2009 European champion hopes to secure the loan in a few days, Barcelona President Sandro Rosell said, according to the team Web site. Rosell, who replaced Joan Laporta last week, didn’t identify the banks the club is negotiating with or name players affected by the wage delay.

“We have to finance” our short-term obligations such as wages, Rosell said, adding the team also plans to trade defender Dmytro Chygrynskiy back to Shakhtar Donetsk for 15 million euros, 10 million less than it paid for him in August 2009. Club members “can relax,” Rosell added. “The club isn’t bankrupt.”

Last week, Barcelona said it became the world’s biggest sports team by sales, overtaking Real Madrid. Revenue rose 16 percent to 445.5 million euros for the year through June 30 following its 2009 Champions League title. Net income was 9 million euros.

Spanish soccer clubs are under pressure from spiraling payroll costs, two years of recession and a credit crunch, according to a study last month by Barcelona University professor Jose Maria Gay. On June 16, Mediaproduccion SL, owner of the broadcast rights for the domestic league, said it sought bankruptcy protection.

TV Deal

Barcelona’s seven-year, 1 billion-euro contract with Mediapro through 2013 isn’t secured by a bank guarantee, unlike Real Madrid’s accord, Rosell said. While Barcelona has had assurances from Mediapro, concern over the contract remains, Rosell said, according to the website.

The team’s costs soared the last year as it paid out 40 million euros in bonuses to players and coaches after winning several trophies, the team said last week.

Barcelona, which is owned by its members, acquired Villa from Valencia for 40 million euros in May. He has scored five World Cup goals in five games.

Rosell played down speculation that the club is poised to sign Arsenal captain Cesc Fabregas, even though he said “everyone knows he wants to come here.”

He “denied adamantly” that there was any possibility of Barcelona paying 50 to 60 million euros for the midfielder. Publicity about the possible deal was “the worst thing that could have happened,” he said.


http://www.bloomberg.com/news/2010-07-0 ... wages.html
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Re: Barcelona Need Loan to Pay Wages

Postby Gould » Tue Jul 06, 2010 6:11 pm

HAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAH BUY CESC NOW p***ks
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Re: Barcelona Need Loan to Pay Wages

Postby Est83 » Tue Jul 06, 2010 6:15 pm

Hahahaha... W**KERS!!!

Bet they wish they had an economic genius for a manager, like, I dunno... Wenger?!? :rofll:
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Re: Barcelona Need Loan to Pay Wages

Postby ayN » Tue Jul 06, 2010 6:19 pm

LOLOLOLOLOL HAVE FUN BASTARDS!
Wenger please go away
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Re: Barcelona Need Loan to Pay Wages

Postby StLGooner » Tue Jul 06, 2010 6:39 pm

Gould wrote:HAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAH BUY CESC NOW p***ks



If they get the loan they probably will.
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Re: Barcelona Need Loan to Pay Wages

Postby Massa » Tue Jul 06, 2010 6:41 pm

f***ing c**** f***ing eat that bags of f***ing shit
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Re: Barcelona Need Loan to Pay Wages

Postby Reverend Gooner » Tue Jul 06, 2010 7:13 pm

Why spend that much on Villa when they are in that much financial trouble and also have a brilliant attack anyway? Ibrahimovic was mint last year.
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Re: Barcelona Need Loan to Pay Wages

Postby Massa » Tue Jul 06, 2010 7:17 pm

Villa is minter
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Re: Barcelona Need Loan to Pay Wages

Postby Goose » Tue Jul 06, 2010 7:18 pm

Looks like its all down to Mediapro going bankrupt and not being able to pay Barcelona the money owed on their $1 billion deal.

I am sure if Sky went bankrupt, a lot of clubs would collapse, quite a few got into trouble when Sentanta went bankrupt.
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Re: Barcelona Need Loan to Pay Wages

Postby Reverend Gooner » Tue Jul 06, 2010 7:19 pm

He is but is it worth the upgrade if it puts them in this financial situation?
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Re: Barcelona Need Loan to Pay Wages

Postby CynicalGooner » Tue Jul 06, 2010 7:26 pm

It's not like the banks will make them pay it back any time soon, probably near interest free too.

Goose wrote:Looks like its all down to Mediapro going bankrupt and not being able to pay Barcelona the money owed on their $1 billion deal.

I am sure if Sky went bankrupt, a lot of clubs would collapse, quite a few got into trouble when Sentanta went bankrupt.

Might have to get used to it, I can't see the seperate TV deals malarky carrying on much longer, then they'll be brought back down to earth.
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Re: Barcelona Need Loan to Pay Wages

Postby Gunner Down Under » Tue Jul 06, 2010 8:49 pm

ChVint22 wrote:
Gould wrote:HAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAH BUY CESC NOW p***ks



If they get the loan they probably will.



That's not good budgeting though, they still need to pay it back! ;)
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Re: Barcelona Need Loan to Pay Wages

Postby Forest » Tue Jul 06, 2010 8:52 pm

Hello Michel Platini, you said clubs would be banned from europe if they got into financial difficulties or fell behind with creditors 8)
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Re: Barcelona Need Loan to Pay Wages

Postby IMF » Tue Jul 06, 2010 9:44 pm

They'll survive fine and get untold amounts of moneys pumped in no doubt...
DEAD-WOOD OUT!!
Show the spoiler
SPEND SOME WONGA WENGA!!!

AND IT'S AAAAAAARSENNNAAAAAAAL!!
AAARRRRSENAAAAL FC
WE'RE BY FAR
THE TIGHTEST COMPANY
THE WORLD HAS EVER SEEN
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Re: Barcelona Need Loan to Pay Wages

Postby Fabrestuta » Wed Jul 07, 2010 12:30 am

gunner2018 wrote:Hello Michel Platini, you said clubs would be banned from europe if they got into financial difficulties or fell behind with creditors 8)



Come now, are you implying Platini is biased? Next you will be accusing cats of picking on mice.


On a different note Bara are getting a shirt sponsor next season, or the season after.......
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