Barça between bet and headlong rush
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SPORT BUSINESS OBSERVATORY – Why could FC Barcelona dig a hole worth more than a billion euros and how can they still buy despite their financial problems? In sport too, we would only lend to the “rich”?
Vincent Chaudel is a marketing expert and co-founder of the Sport Business Observatory, the Think Tank of the In&Sport firm whose vocation is to provide analyzes and decryptions on the evolution of sport, both in its economic dimension and social.
Upon his return to the head of FC Barcelona in March 2021, Joan Laporta was quick to make a alarmist diagnosis : a debt estimated by auditors at 1.35 billion euros, losses estimated at 481 M€, an inability to formalize new contracts including that of Lionel Messi… In short, despite 26 La Liga, 5 Champions Leagues and 5 European Super Cups, Barça had become a giant with feet of clay in a few months.
If this is not the first time that Barça has encountered a delicate phase economically, this time the situation was, in the general opinion, very serious. With a debt comparable to that of Chelsea but without a shareholder capable of assuming it, the interests jumped from 1 M€ in 2018 to 41 M€ in…
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