Club members approve Barcelona President Joan Laporta's budget for next season.
BARCELONA — President Barcelona Joan Laporta says the club's current financial situation is not going well. Even though you have received a loan, he said the situation did not restore the financial problems of the team nicknamed Los Azulgrana.
After being elected president Laporta got club members' approval of the financial accounts for the season 2019/2020 followed by budget approval for the upcoming season. Budget approved after 578 unanimous vote and 71 reject
Former vice president of Barca, Jordi Moix names the reason why the club is once again in a negative balance.
“this is the worst year. We think we will have supporters at Camp Nou from January onwards, but no one was present into the stadium,” said Jordi Moix explained reported Brand, Monday (21/6).
Moix went on to explain, two economic initiatives that the club is trying to lighten its finances are a reduction in overall spending, and suspension of payment of salaries of members of the Los Cules first team.
“We seek a budget balance with this action, but it didn't happen and the result didn't live up to expectations,” call him.
Despite the huge losses the club received last season, Laporta asks members to accept budget to prevent club from institutional paralysis, was thorough.
Previous, One of Barca's problems is the players' salaries are too big. Big wages, coupled with transfer errors and other problems, make Barca's debt burden mount high.
Practically with this statement, Barca's indications to maneuver in the transfer market this summer will not be as luxurious as in recent years. This is evident from the three new players who have arrived, all are free transfers, namely Eric Garcia, Sergio Aguero, and Memphis Depay.