Why is FC Barcelona in trouble?

FC Barcelona has been charged with "continued corruption between individuals in the sports field" in relation to an alleged improper payment scandal which has rocked the sport.

Why are Barcelona in financial trouble?

The wage bill is the biggest immediate problem. It currently stands at around 655million euros [£582m]. When LaLiga tells Barcelona at the end of this season what their 'maximum permitted squad spend' is, ahead of the summer transfer market, the figure it gives the club is likely to be just 450m euros [£400m].

What are the issues with Barcelona football club?

A few days earlier, prosecutors formally accused Barcelona of corruption, fraudulent management and falsification of documentation in the Enriquez Negreira case, with an investigating judge due to decide in the next few days whether they should be charged.

Why is Barcelona struggling to register players?

However, new regulations mean that Barça have no financial margin to register any new players due to the fact that their wage bill far exceeds the salary cap that LaLiga have established.

Is the Barcelona corruption confirmed?

Prosecutors in Spain confirmed Friday they have filed corruption charges against Barcelona and the club's former presidents Sandro Rosell and Josep Maria Bartomeu for payments made to the former vice president of the refereeing committee.

The FC Barcelona ‘Referee Scandal’ - Barça Negreira Case - EXPLAINED

Is Barca innocent of paying refs?

Barcelona was paying a company that belonged to the vice president of the country's refereeing committee. The club has denied wrongdoing but is being widely criticised across Spain, and prosecutors on Friday formally accused the club of corruption.

What clubs do Barcelona owe money to?

Barça still owe Juventus €36m for Miralem Pjanic, who joined the club in a swap deal for Arthur. The Blaugrana have to pay Liverpool €14m for Philippe Coutinho, signed in 2019 and currently owned by Aston Villa, who in turn still have to pay €10m of the €20m it cost them to sign the Brazilian.

How do Barcelona buy players without money?

Barcelona have engaged in some creative accounting by raising something called “extraordinary income” through sponsorship deals, agreements with investment funds and the selling off of players.

Why Barcelona still can buy players?

We have ruled that they can no longer sign more players. “They sold off €700m in TV rights and tried to find different ways to solve the situation but they won't be able to do that next season. We have strict economic controls. At the end of each window, we tell all the clubs in La Liga what they can spend.

Is it hard to make friends in Barcelona?

Actually it is pretty easy to make new friends in Barcelona. I don't know if it is because the city is pretty international and open-minded, or if its the nice climate, but the fact is that it is easy to make friends. At least until now I haven't met a person who has been lonely or alone in Barcelona.

Why was Barcelona banned from signing players?

Spanish La Liga leader Barcelona have been placed under a transfer ban this summer due to the club's inability to rein in costs.

Is FC Barcelona any good?

In total, Barcelona has won 30 Copas del Rey, more than any other team. La Liga, the top Spanish football league, was formed in 1929, and Barcelona captured the title in the league's inaugural season. The club has won La Liga 26 times and has never been relegated to a lower division.

Is FC Barcelona still good?

It is widely regarded today that the current Barcelona team are the best football side in the world,possibly the greatest since the famed Brazil national side of 1982. This is why. Victor Valdes is a fine goalkeeper, though not the best.

How much are PSG in debt?

The cumulative losses for Ligue 1 and 2 clubs in 2021-22 amounted to €601m, down from €645m on the previous season, with more Ligue 1 clubs managing to post a profit, but overall debt continued to rise, from €522m in 2018-19 to €981m in 2021-22.

Is Liverpool FC in debt?

Liverpool have reported a club-record revenue for the financial year of 2021-22, but that comes with £146 million in debt including a loan from FSG.

What is the Barcelona scandal?

Barcelona and former club presidents face corruption charges related to allegations of improper payments. Joan Laporta says the allegations are part of a 'smear campaign' against Barcelona, currently top of La Liga [Albert Gea/Reuters] Published On 17 Apr 202317 Apr 2023.

How much is Barcelona debt now?

The net debt, as of 30 June 2022, was 608 million euros (682 million at 30 June 2021). It is also important to highlight the restructuring of this debt, achieving an important transfer from short to long term through the issuance of senior notes in August 2021.

Are Barca still in debt?

MADRID, April 6 (Reuters) - Barcelona will finish repaying the debt taken on to finance a revamp of their stadium five years earlier than previously agreed after renegotiating a 1.5 billion euro ($1.6 billion) financial plan with Goldman Sachs (GS.

Where is Barca getting money from?

TV rights are the most lucrative source of income for a club, next to corporate sponsorships, membership dues, ticket sales and merchandising. According to the most recent figures, Barca hauled in nearly 166 million euros, more than any other club in Spain's La Liga.

How much do Barcelona owe other clubs?

Conversation. La Liga heavyweights Barcelona still reportedly owe four clubs a massive sum of €144 million which includes the transfer of players such as Philippe Coutinho.

How much are Barcelona not paying for transfer fees?

Frenkie de Jong's potential move to Manchester United remains on hold as Barcelona are reportedly unwilling to commit to pay the midfielder the €17m (£14.5m) he is owed after a restructure of his contract.

How much money does Real Madrid have to buy players?

Real Madrid have more to spend on new signings

The 739.1 million euros which Madrid have to spend is 270.6 million more than the figure they had last season, when their budget was 468.5 million. "Real Madrid's economic management during the coronavirus pandemic was excellent.

Is Barcelona the richest club in the world?

Discover the top-ranking football clubs in the world based on revenue. According to recent data, Barcelona tops the list with a staggering revenue of 1,019 million EURO as of 2023. However, several other clubs are close contenders, including Real Madrid, Manchester United, and Bayern Munich.

What is the most expensive nightclub in Barcelona?

The La Fira Club is the most expensive nightclub in Barcelona and features some of the most talented international DJs. The club is known for its unique decorations, including glow-in-the-dark tables, plush sofas, and a giant disco room.

Is Barcelona still the richest club?

The richest soccer club in the world is Real Madrid, with a net value of $5.1 billion. It is followed closely by Barcelona, with a net value of $5 billion.