Due to their incapacity to undertake major financial transactions, Barcelona faces an ultimatum to make ends meet financially. It has thus forced them to produce inventive solutions to lure new players in the face of not having excessive funding.
Failing to extend Lionel Messi’s contract in 2021 exemplified Barcelona’s very sensitive predicament. With their finances in shambles, the Spaniards were no longer considered one of Europe’s elite.
When Joan Laporta took charge, the club had racked up over $1.1 billion in debt. To make matters worse, their history of costly contracts and dismal on-field results characterized them. Laporta’s responsibility during his second term as president was to make things right.
Then, just a year later, the 61-year-old said the team was “out of the hospital,” standing next to Robert Lewandowski. Laporta saw his presence as a sign of the club’s apparent return from the brink of financial collapse.
How Laporta helped club “heal”
As a notorious answer, Laporta pulled several economic “levers”. They are financial maneuvers that restored the Blaugrana’s place in continental competition. However, where exactly Barca will go from here is anybody’s guess.
Even though they are the reigning champions, their buying spree this summer has left them with an elderly striker. They have also had a few unimpressive additions to the roster, limiting their ability to make additional deals.
The Camp Nou outfit doesn’t have any more options or levers to pull at this point. Once again, the club is having to cut corners and make cheap signings just to survive in La Liga, much alone the Champions League. Just now, the funds haven’t run dry. However, that might change shortly, and the Catalans seem to be in serious difficulty.
Barcelona is yet to raise $130 million
In anticipation of the summer transfer market opening on July 1, the board at Montjuic is in a mad dash to raise $130 million;…
Source link : https://worldsoccertalk.com/news/barcelona-face-ultimatum-find-130m-or-lose-key-players
Author : Martina Alcheva
Publish date : 2024-03-20 18:58:49
Copyright for syndicated content belongs to the linked Source.