Centurions
Well-Known Member
Whoops...think both of us are on the wrong thread btw. the above is re Garcia.
Whoops...think both of us are on the wrong thread btw. the above is re Garcia.
Is it time for a cheeky bid?
Say..........
Barcelona request delay on 'imminent debts' amid threat of bankruptcy
According to a report from Spanish newspaper El Confidencial, Barcelona have turned to the likes of Goldman Sachs, Allianz and Prudential to request flexibility following a non-payment of €200m, seemingly breaking the terms of their financial arrangements.
It is said that the club has a negative working capital of just over €600m and have asked their creditors to extend what are described ‘imminent debts’ of €300m for one year to avoid defaulting.
Between June 2019 and June 2020 is estimated that Barca’s debt more than doubled, while one recent estimate in Spain had already put the number at a ballooning €900m.
Barcelona request delay on 'imminent debts' amid threat of bankruptcy
Barcelona have turned to banks and lenders in a bid for leniency as they fight against the threat of possible bankruptcy after a non-payment to their creditors.www.90min.com
Is it time for a cheeky bid?
Say..........
Barcelona request delay on 'imminent debts' amid threat of bankruptcy
According to a report from Spanish newspaper El Confidencial, Barcelona have turned to the likes of Goldman Sachs, Allianz and Prudential to request flexibility following a non-payment of €200m, seemingly breaking the terms of their financial arrangements.
It is said that the club has a negative working capital of just over €600m and have asked their creditors to extend what are described ‘imminent debts’ of €300m for one year to avoid defaulting.
Between June 2019 and June 2020 is estimated that Barca’s debt more than doubled, while one recent estimate in Spain had already put the number at a ballooning €900m.
It’s four years now they added another year for accounts to looked at regarding ffp because of Covid.Yep, banks will be jumping at the chance to defer debts of 300m for a whole year. At a time of uncertainty covid and unknowns of the expected income coming.
Obviously though, being Barcelona, there will of course be a way out. And if course, no FFP consequence at all. That's nearly a year now they have operated well outwith their means. Will that go towards their 3 year calculation? will it balls.
& Eric Garcia for a nominal ‘training fee’Barcelona hope they can sign Manchester City striker Sergio Aguero, 32, and Bayern Munich defender David Alaba, 28, on free transfers in the summer when the respective contracts of the Argentine and Austrian run out.
‘Kun’ Agüero y Alaba, ofrecidos y a tiro del Barça
El FC Barcelona está inmerso en pleno proceso electoral pero, al contrario que en otros comicios, las promesas de fichajes rutilantes no están marcando la campaña. Lawww.mundodeportivo.com
They may be free transfers, but it still makes me wonder how they will pay the wages.Barcelona hope they can sign Manchester City striker Sergio Aguero, 32, and Bayern Munich defender David Alaba, 28, on free transfers in the summer when the respective contracts of the Argentine and Austrian run out.
‘Kun’ Agüero y Alaba, ofrecidos y a tiro del Barça
El FC Barcelona está inmerso en pleno proceso electoral pero, al contrario que en otros comicios, las promesas de fichajes rutilantes no están marcando la campaña. Lawww.mundodeportivo.com