Visit Insider's homepage for more stories. But avoiding the drop in 2020 is a must for Seagulls considering their huge debt. The 2019–20 Futbol Club Barcelona season was the club's 120th season in existence and the 89th consecutive season in the top flight of Spanish football. The Blaugrana’s economic plight is no secret; indeed, it was one of the reasons Lionel Messi’s transfer request was only met with half-hearted rebuttals. FC Barcelona Owes a Debt of Nearly 888 Million Euros. By Dhruv George. In June 2020, KPMG’s report on the financial state of clubs prior to the pandemic revealed that Barcelona’s net debt stood at £274.2million. The club accounts show that Barcelona’s debt had more than doubled during the 2019-20 campaign amid extremely worrying financial results. Not dead, merely “on standby”, Perez promises. But Uefa ignores the players who play so many games. FC Barcelona are in a heap of trouble as club debt has seemingly been triggered by the La Liga giants. There is his record in the Spanish capital, a ruthless streak which has seen 13 different managers come and go under his stewardship. The club is now attempting to claw back lost revenue. Whether they’ll ever move to that new ground or not remains a mystery for Spanish fans. Mars helicopter achieves fastest, furthest flight yet. Giallorossi president James Pallotta allegedly searched for someone to buy him out for several months in 2019. The club took out a massive loan to pay for the construction of their new Tottenham Hotspur Stadium. Debts have been growing for Roma over the last few years. Not helping matters, of course, is the club’s soaring wage bill and expensive signings in Turin. The most recent accounts, dated October 2020, revealed €488 million of net debt and gross debt of almost €1.2 billion. Although there may be light at the end of the tunnel if Zlatan Ibrahimovic’s return is a success. Barcelona debt problems make Man City FFP troubles look even more ludicrous. The website Culemania, which focuses on Barcelona news on and off the pitch, reported in an article in December 2018 that the club’s gross debt had reached a colossal €888 million. They have been negotiating with all the clubs and they hope to pay their dues by June 30th of 2021. It can lead to a potential administration and penalties should board members fail to handle things. Barcelona need money and here it was in bucketfuls. The Italian giants have been struggling to pay off their debts for years. There is talk about the Super League, the Champions League etc. However, Inter remain hopeful their debts will be no more in the near future. Next up in this biggest debt list in 2020 for football clubs is Fenerbahce. The club’s financial figures, as outlined by Marca late last year, showed that the debt at the club has risen from €217m in June 2019 to €488m in June 2020. More pre-season tours in Asia and America? There has been a lot of money spent unwisely by Bartomeu and Barcelona must repay all their debts if they do not wish to go bankrupt. Real Madrid earned €691.8 million during the 2019/2020 season according to data compiled by Deloitte. The new Uefa Champions League format will grant some more power to Europe’s established elite, albeit that is more likely to benefit clubs in England, such as Manchester United and Liverpool, who might not qualify for the competition in future seasons. Barcelona are looking to rebuild their squad ahead of the new 2021-22 season. The Turkish giants have suffered because of the rise of foreign currencies against their own. The Blaugrana released their financial figures in a statement on Monday and it did not make happy reading for supporters of the club. It’s been an ongoing problem for over 10 years. Memoria 2018-2019. ... Memoria 2019-2020. Daniel Levy is regretful. For example, the Italian football governing body demoted Parma to Serie D in 2015 after declaring bankruptcy. Barcelona is exposed to floating interest rates (the share of unhedged floating-rate debt was 36.1% in 2020), which is mitigated by a low fiscal debt burden (net adjusted debt-to-operating revenue) of 20.1% in 2020 and a favourable debt structure. ... 06:00, 7 OCT 2020; Updated 14:49, 7 OCT 2020; Sport opinion. Many feel they can pay their debtors off with a good solid long-term financial plan – no problem. Barcelona and Real Madrid need not worry about that, but they do have more pressing issues off the pitch. For most teams in debt, however, it doesn’t really matter too much. John Henry is contrite. It’s led to doubts over the club’s future, which gave birth to rumours over a potential takeover last summer. So where to next? The Red Devils may be one of the richest football clubs in the world, but they’ve struggled with debts, anyway. Building the Amex Stadium and developing the American Express Elite Football Performance Centre has racked up huge losses. Winning the Serie A in 2020 will go a long way for Antonio Conte’s side to get greater financial support. As one of Spain’s biggest clubs, it’s sad to see Valencia continuing to struggle with their finances. US hedge fund Elliott took from Li Yong in July 2018 and have tried to resolve the situation. Read more: Barcelona’s financial struggles: €820m of gross debt, €1.4billion of liabilities This follows on directly from a report in La Vanguardia last week which outlined how the Catalan giants must repay €420m in debt this year or face insolvency. The 18-time Serie A champions have been a complete mess over the last few years. But it seems Atletico still have a long way to go before they relax. The Bianconeri have been in debt for a while now, but remain confident they have a long-term fix in place. This will likely be a key factor in future decisions and it is imperative that Camp Nou’s new recruits must deliver and fast. Perez is the one man who is unwilling to turn back from this ill-fated venture, but that is no surprise. The organisation that unites ex-players from all FC Barcelona football teams. Barcelona’s players accepted a temporary 70% pay cut in March 2020 and conceded another $145 million in November, while around $60 million in variable payments was deferred. ... With Barcelona suffering a major financial debt because of the pandemic, the club is … No doubt, Perez is quite right. However, that’s easier said than done. Squad investments and construction on the Allianz Stadium has caught up with Juventus. — footballespana (@footballespana_) March 27, 2020 There are a number of reasons why Real Madrid didn’t apply for an ERTE, the main one being that … And if the gulf seemed stark between Henry and Jurgen Klopp’s views on the European Super League, Ronald Koeman made it clear he was also willing to veer from the party line. Fortunately, it finally opened last season and now they can start making money from ticket sales. Liverpool, Barcelona and the £35.5m 'debt' for Philippe Coutinho explained after transfer back in 2018 They immediately put the club into a debt of £525m after taking out several big loans. There will be no such head-hanging from Florentino Perez. Connect with friends faster than ever with the new Facebook app. The main source of income that Barcelona is hoping for will be from ticket sales. These were debts that were registered with the club at the end of its financial year on June 30. 6-foot rule 'offers little protection'; California, NY, others jabbing with J&J; 82 die in blast at Baghdad hospital: Live COVID-19 updates. The 39th game? This is unlikely to be the last we hear of a “Super League”, or at the very least a mini-revolution to give Perez and Laporta the financial muscle they feel they deserve. Barcelona have announced losses of €97 million for the 2019-20 season and confirmed that their total debt has doubled to €488m. Firstly, because Real Madrid’s president supreme has not even accepted the dream is over. Barcelona competed in La Liga, Copa del Rey, Supercopa de España and UEFA Champions League.The season covered the period from 1 July 2019 to 14 August 2020. Turns out they don’t pay their players using the Lira currency. Memoria 2017-2018. No European football, meanwhile, has caused Milan’s profits from merchandising and sponsors to suffer. This occurred before majority owners Suning Group took over at the San Siro. Los Rojiblancos successfully liquidated around €202m worth of debt to the Spanish Treasury recently. Barcelona have announced a net loss of €97 million ($114 million) for the 2019-20 season after their debt more than doubled, in part due to the financial impact of the COVID-19 pandemic. 2. Perhaps it does shine a light on Perez’s desperation to see the project fly. Vice-president Burhan Karacam recently revealed that the Lira’s loss has caused Fenerbahce millions of dollars in damages. BARCELONA – The ill-fated Super League has enraged fans and troubled authorities while making allies of a pair of soccer's fiercest nemeses. Show full articles without "Continue Reading" button for {0} hours. Thus, it’s no surprise they’re one of the football clubs with the most debt in 2020. However, in a report by SPORT, Real Madrid’s debts are now standing at €901 million. AC Milan fell into heavy debt under Chinese businessman Li Yonghong and things haven’t improved. What the big clubs really want is more control over TV rights, which are currently shared among top-flight clubs. It put pressure on them to deliver something special out of the bag for this season. FC Barcelona is on the "verge of bankruptcy," according to a report from Spanish newspaper El Mundo. This occurred before majority owners… The world of football united against greed, while two giants hooked up in the self-proclaimed necessity of survival. This is not a promise directed at the wider public at all, of course, just as the Super League’s proposers did not appear to give millions of football fans, some of them with deep pockets, a thought until it was too late. To turn back from this ill-fated venture, but remain confident they have a way. There is talk about the Super League, the PR spin machine is in overdrive they didn ’ improved... 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