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Former Barcelona presidential candidate Victor Font has raised serious concerns about the financial management of FC Barcelona under the leadership of President Joan Laporta.
With just days remaining before the club’s delegates’ meeting, where key financial decisions for the 2023-2024 season and the 2024-2025 budget will be discussed, Font has criticised the club’s financial reporting, referring to the figures as “fictitious numbers.”
“Vote no: the accounts must reflect reality,” he said as quoted by Mundo Deportivo.
“They do not know how to manage the club. They deceive us. The story they sell us is false,” he added.
Financial management
Victor Font has questioned Laporta’s management. (Photo by LLUIS GENE/AFP via Getty Images)
Font, who leads the opposition group ‘Sí al futur’, voiced his concerns based on the numbers released by the club. He claims the club is continuing to show the same signs of poor financial management that have plagued it in previous years.
According to Font, Barcelona has spent €1.041 million more than it has earned, which has resulted in massive accumulated losses.
“We have spent €1.041 million more than we spent, accumulated losses of €1.041 million. We spend more than we earn,” he noted
He emphasised that while some of the financial issues are legacies from past leadership, a significant portion of the mismanagement lies with the current board.
“What we spend is a legacy, yes, but there is an important part which is the management of this board of directors. The income is like in 2018-2019 when the football industry has grown, we are below.”
Financial gaps
Victor Font says Laporta management is not revealing the right numbers. (Photo by David Ramos/Getty Images)
Font also questioned how the club is managing its finances, suggesting that the club is relying heavily on credit to cover its financial gaps.
He detailed that…
Source link : https://barcauniversal.com/ex-barcelona-presidential-candidate-slams-joan-laportas-budget-they-deceive-us/
Author : Swapnil Bhopatkar
Publish date : 2024-10-15 10:18:38
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