At this point, practically everyone not living under a rock knows Barcelona are struggling financially. Part of that issue is certainly the ongoing pandemic, which has put more than just a dent in everyone’s wallets. However, the other part of that problem was also self-inflicted when it comes to the Catalan giants.
According to Carrusel Deportivo‘s latest report, Barcelona have spent a record one billion euros in the last five seasons on the market. They’ve gathered the information from Transfermarkt and their data source of spendings to create a list of teams who have spent the most in recent times.
And with a total of 1.057 million euros thrown down the drain, Barcelona have convincingly taken the first spot. Of course, this is not exactly a race you want to be leading or winning, for that matter. Manchester City are just behind them with €952M and Juventus are third with €941M.
Interestingly, Real Madrid are the ones who have lost the least amount, ‘only’ €47M, which is indeed pocket change compared to Barcelona’s €367M. Still, it has to be noted that the Catalans are also the club with the second-highest income in the last five years, €690M to be more precise, but that is so heavily outweighed by the losses that it hardly makes a difference.
When we take all of that into account, it really does become crystal clear why they are in such a mess in the first place. Needless to say, whoever wins the elections in less than a week’s time will have a mountain to climb to get the club out of this mess.
But we should also understand that kind of a job is not something you can solve quickly. It may take a couple of seasons of good and sensible business to bring Barcelona back from the brink.
Still, it is possible and with the right leadership, it should inevitably happen.
La Liga chief Javier Tebas talks summer transfers and fan return to stadiums
In a conference held by ADEA Forum (Association of managers and executives of Aragon) in Zaragoza, Javier Tebas spoke on a wide range of topics surrounding La Liga.
Mostly, the La Liga president spoke regarding the league’s bounce back from the pandemic and some potential plans for the league to restore public crowds. He also discussed the losses incurred, the summer transfers, among other things.
The Condition of La Liga
Tebas started the conference by claiming that the situation for the Spanish league is comparatively better than other leagues.
Speaking on this, he said, “The situation is worrying, but not so much. I think that of this pandemic the Spanish League is the one that is going to turn out less badly compared to the others.”
He then spoke about the losses incurred in Spanish football, with the net loss amounting to €1 billion by the 30th of September.
On the losses, Tebas said, “Of this billion, 750 have been financed by banks or investment funds, the latter the majority based in London, and the rest have been done by the clubs pulling their cash.”
Additionally, he mentioned that it was big clubs that were affected stronger than the smaller clubs, due to the huge loss of income from the lack of crowds, among other profitable economic activities that clubs such as Real Madrid and Barcelona enjoy above others.
A return for crowds to stadiums
When speaking on a return of crowds to stadiums, the La Liga chief seemed tremendously confident in their ability to host crowds as early as tomorrow. He claimed that they would have to run at between 20% to 30% capacity; nonetheless, the Spaniard was confident that teams would be more than capable of hosting crowds very soon.
Speaking on the same, he said, “There is a working group for the return [of fans] to the stadiums. I hope that in the last league games we can see the public in a proportional amount.”
Upcoming transfer window
Speaking on the summer transfer window, the president claimed that there will indeed be a lower amount of transfers as there were in the previous window. Tebas said, “They have already been lower in winter. There may be occasional and exceptional operations, but globally it will decrease. There will be exchanges of players. It’s going to be lower than last year.”
Accordingly, clubs are going to have to dig into their academy reserves more and more as the global and financial situations amend over time.