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Despite their departures from the club and current association with Inter Miami, Barca continues to pay Lionel Messi, Sergio Busquets, and Jordi Alba. The trio, who once formed the core of the Blaugrana’s dominance, now play in MLS for David Beckham’s Inter Miami. Yet their financial ties to the Catalan giants remain due to deferred salary payments.
These payments stem from financial measures Barcelona implemented during the Covid-19 pandemic. Like many clubs around the world, the Catalans faced severe economic challenges as seasons were interrupted. In fact, they played their matches behind closed doors, and revenues plunged. To mitigate the financial blow, the club negotiated wage reductions and deferrals with several key players. This list included Messi, Busquets, and Alba. This allowed the Catalans to reduce their immediate salary expenses while committing to pay the players at a later date.
Now, as reported by Mundo Deportivo, the club till fulfilling these deferred payments to the three soccer stars. Their financial commitment, however, is nearing its end. To be more specific, the last of the payments will likely be completed by the conclusion of the 2024-25 season. By that time, Barca will have settled their debt with the current Herons trio. Thus, they will finally sever their financial obligations to these former players.
Impact of deferred payments on Barcelona’s finances
The deferred salary payments, while significant, do not impact Barcelona’s current spending capabilities. This is because the club had already accounted for these payments in their 2020-21 financial reports. That year, the registered a staggering $536 million in losses. Pandemic effects and wage deferral agreements, which helped the club weather the financial storm, were major contributors to these losses.
By including the deferred payments in the 2020-21 accounts, Barcelona ensured that these amounts would not burden the club’s future financial…
Source link : https://worldsoccertalk.com/news/barca-still-paying-inter-miami-trio-messi-alba-and-busquets/
Author : Martina Alcheva
Publish date : 2024-10-13 16:23:42
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