Barcelona cannot afford to surpass transfer budget again
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Barcelona cannot afford to surpass transfer budget again, admits vice-president
The Catalan giants' financial situation remains a worry, and the club director has warned that they must avoid making numerous mega-money signings this summer
..Barcelona vice-president Javier Faus has stressed that the club must be cautious with its transfer dealings in the future in order to sustain financial stability.
The Blaugrana exceeded their transfer budget in the summer of 2011 following two high-profile arrivals, and Faus has stressed that they cannot afford another summer of big spending. "Last year we surpassed our transfer budget with the signings of Cesc Fabregas and Alexis Sanchez," Faus stated in the end-of-year financial report.
"We cannot overspend our budget by €20 or 30 million each year. It would put our business plan at risk. It would not be sustainable.
"The club needs to be cautious if it is to be able to take on ambitious future projects. We have to look to the medium and long-term stability of the club. Rational and austere measures need to be applied in order to secure a positive balance sheet.
"The club must reduce the debt to sustainable levels and, above all, not take on more debt. We have to prepare for what could happen in the near future and have stronger assets. For ambitious real-estate projects, we need a healthy balance sheet."
Barcelona's current debt stands at €335m. -
cant really believe that a huge club like barce is having money problem....
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If you know how much their players are on, then you will understand.
Let's just say it isn't exactly only loyalty that Messi is still there... lol.
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But still, they are like the no.1 club in the world and winning trophies after trophies every year.
If they cant achieve self-sustainable without selling players every year, then i wonder which club can.
Maybe arsenal can do it?
