Barcelona president Josep Maria Bartomeu reveals that the Catalan giants are dealing with losses of ₤182 m in the wake of the coronavirus pandemic.
Barcelona president Josep Maria Bartomeu has raised the cover on the financial effect of the coronavirus pandemic on the Catalan giants.
With teams around the world losing on matchday profits through behind-closed-doors fixtures – while still needing to stay up to date with a large wage costs – the around the world break out has had a terrible effect on clubs’ financial resources.
Barca have actually been constantly linked with a big-money move for Inter Milan’s Lautaro Martinez, however Bartomeu has cast doubt over the club’s transfer potential customers after exposing the degree of La Blaugrana’s losses.
“We saw that there was a pandemic worldwide and said that it would be a complex summer with swap deals, and that’s what is happening,” Bartomeu informed Mundo Deportivo.
” Since March 14 we have actually not gotten a euro. We have actually lost out on EUR200 million (₤182 m/$233 m). EUR200 m!
” We have actually recuperated a lot by decreasing wages and utilizing ERTE’s (Momentary Work Policy File, with the federal government paying 70 percent of wages).
” We have actually needed to close the stores and the museum, there have actually been no ticket sales. We have actually paid back the ticket money for matches fans could not go to. EUR200 m is a big blow.
“This pandemic will have effects for two or three seasons. Nobody should think that things will be fixed by next season. The great financial gurus talk about four years, but I think football will go faster.”
A recent report claimed that Barca had actually positioned 12 players on the transfer list as they seek to stabilize the books during this duration of financial unpredictability.
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