€500m needed to save Barcelona; Nou Camp chief Eduard Romeu reveals

Eduard Romeu, Barcelona‘s economic vice president, says the Catalan giants need €500million (£428m) to be saved from financial turmoil.

Romeu says the issues at Barcelona started due to a ‘patrimonial imbalance’ and that they could have registered €150m (£128m) more in losses if they ‘did nothing’.

He also claims the financial difficulties are ‘heredity’ after years of financial mismanagement under their former president Josep Bartomeu and his predecessors. The LaLiga giants have been in a financial crisis for some time, with Laporta announcing a £1.15billion debt in 2021.

The economic woes led to the departure of talisman Lionel Messi as Barcelona were unable to hang on to their club captain and iconic No 10.

The coronavirus pandemic, which forced Barcelona’s matches to be played behind closed doors for 18 months, also played a role in the economic downfall of the club.

When asked to define the current economic situation of the club, Romeu said it was still ‘critical’ and that they needed €500m reach an equilibrium.

When asked about how much money it would take to pull Barcelona out of the financial hole they are in, Romeu said €500m.

The economics expert said: ‘The number that does the most damage is that of the patrimonial imbalance. Negative funds of €500m. Some €150m losses could be added to this course if we did nothing.

Credit: dailymail.co.uk

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