Barcelona ‘on verge of bankruptcy’ with LaLiga giants in £1.1billion of debt and still owe money to Liverpool, Ajax and Bayern Munich
The dire financial situation at Barcelona has been laid bare with the club in serious debt and reportedly at risk of going bankrupt.
Latest financial figures show their debt at £1.1billion (€1.2bn) with £648million (€730m) of that due in the short term while £236million (€266m) has to be paid to banks by June 30.
Spanish publication El Mundo claim the LaLiga giants are ‘on the verge of bankruptcy’.
The report also highlights the fact that 74 per cent of the club’s revenues go to players’ wages – a figure that exceeds the league’s 70 per cent limit.
Barcelona will also be worried by the huge sums still owed to other clubs, with some of those players still being paid for by the Catalans not even on the Camp Nou books anymore.
Barca owe a total of £112million (€126m) to other clubs, the report indicates.
They still owe £26m (€29m) to Liverpool for the signing of Philippe Coutinho back in 2018.
Meanwhile, Ajax are due £14m (€16m) for Frenkie de Jong while Bordeaux are owed £9million (€10m) for Malcom.
Each club require their respective payments by June 30.
Barcelona also owe money to Gremio and Bayern Munich for the deals involving Arthur and Arturo Vidal respectively. Neither player is at the club anymore.