Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
- Messages
- 15,938
Raz is a a bit of a pointless tangent. But the fact that football clubs are in the financial shit is an underlooked issue.It is totally naive to write off big clubs spending big and having no money. Never been an issue before.
I don't see us selling sterling, no way. Not becsuse other clubs have no money, but because our club want him here.
Regardless, 70m is a ridiculous selfselected hypothetical undervaluation of our player, just like 15m for zinchenko is, or other such examples, in a market where harry kane is assumed to be worth 120m and other players go for big asking fees.
Thats all I'll say on this somewhat pointless tangent.
These figures cover last year with no fans and there is more bad news to come. There is also the outstanding tax case against both. I can only see both clubs having a quiet summer.At the end of the 19-20 season, Madrid's gross debt stood at 901 million euros and their net debt had risen to 355 million euros. Of the net debt, 241 million euros doesn't relate to the Bernabeu renovation, which counts for 114 million of the net debt.
If you compare these numbers with Barça, the 355 million net debt is less than Barça 488 million net debt, which the club revealed in October.
However, it's the short-term debt that is Barça's biggest concern. They have a gross debt of 730 million in the short-term, while Madrid's is just 203 million.
Real Madrid's gross debt rises to €901 million, around €200m less than Barça
Madrid's numbers aren't as bad as Barcelona's but they are not great, either