Barca President Says Club Debt Rises To €1.35 Billion
Barcelona president Joan Laporta has revealed that the club’s debt has risen to €1.35 billion. Laporta took over as president at Barca in March after winning elections that followed Josep Maria Bartomeu‘s resignation in October 2020. Laporta was left to deal with a series of off-the-pitch crises as the club struggled with financial problems which were worsened by the coronavirus pandemic. “As of March 21, 2021, the debt was €1.35bn,” Laporta said in a news conference on Monday. “Bartomeu was plugging holes in the short term and mortgaging the club in the long term. That leaves us a dramatic in...