MX23RW : Wednesday, July 3 00:32:53| >> :120:32483:32483:

Report: Barcelona debt approaching €1bn

A report claims that Barcelona now owe creditors close to €1bn (£890m), with €420m (£376m) of that needing to be repaid in the next year.

Barcelona's debt is continuing to grow and now stands at around €1bn (£890m), according to a report.

The Catalan club had been expected to break the €1bn barrier for incomings this financial year, only for the coronavirus pandemic to blow those projections off course.

La Vanguardia claims that Barca are now trying to stave off insolvency as they owe a near-ten-figure-sum to creditors.

It is claimed that €420m (£376m) of that debt has to be repaid in the next 12 months, making it the top priority for Barcelona's next president, with elections set for later this month.

Each candidate has accepted that the club's wage bill must be slashed, while incoming activity is unlikely in the winter and summer transfer windows.

ID:430233: cacheID:430233:1false2false3false:QQ:: from db desktop :LenBod:restore:1408:
Restore Data
Share this article now:
Barcelona's Martin Braithwaite in action on February 22, 2020
Read Next:
Martin Braithwaite rules out Barcelona exit
>
rhs 2.0
Euro 2024 fixtures header
Friday, July 5
 
5pm
Quarter-Finals
Spain
vs.
Germany
 
8pm
Quarter-Finals
Portugal
vs.
France
Saturday, July 6
 
5pm
Tuesday, July 9
Wednesday, July 10
Sunday, July 14
Tables header RHS

Group A

TeamPWDLPTS
Q Germany Germany32107
Q Switzerland Switzerland31205
3 Hungary Hungary31023
4 Scotland flag Scotland30121

Group B

TeamPWDLPTS
Q Spain Spain33009
Q Italy Italy31114
3 Croatia Croatia30212
4 Albania national flag Albania30121

Group C

TeamPWDLPTS
Q England flag England31205
Q Denmark Denmark30303
Q Slovenia Slovenia30303
4 Serbia Serbia30212

Group D

TeamPWDLPTS
Q Austria Austria32016
Q France France31205
Q Netherlands Netherlands31114
4 Poland Poland30121

Group E

TeamPWDLPTS
Q Romania Romania31114
Q Belgium Belgium31114
Q Slovakia Slovakia31114
4 Ukraine Ukraine31114

Group F

TeamPWDLPTS
Q Portugal Portugal32016
Q Turkey Turkey32016
Q Georgia Georgia31114
4 Czech Republic Czech Republic30121


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!