Barcelona President Joan Laporta admitted during a press conference held on Monday that “Barcelona has incurred losses estimated at 481 million euros” already provided to La Liga due to the economic crisis impacted by the COVID-19 pandemic.
The club’s losses are estimated at EUR91 million, and Barcelona has a net negative fortune of EUR451 million, besides that, they have a “salary bill that represents 103% of the club’s total revenue, which is 20 to 25% higher than our competitors”, declared Laporta.
Laporta also admitted that they “faced a difficult situation to renegotiate the contracts of footballers”, and that “there was an operational method that surpassed norms.”
As a result, La Liga couldn’t renew its contract with Messi, which is one of a kind in the football world.
“The club is more important than anything, even more important than the best player in the world,” Laporta told a news conference.
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