Laporta admits “losses of 481 million”

Joan Laporta, president of Barça
ALEJANDRO GARCÍA / EFE

Joan Laporta, president del Barcelona, admitted in a press conference that the club has “losses of 481 million euros” that have already been presented to LaLiga and that the impact of the covid-19 is 91 million. “Barça has a negative net worth of 451 million euros,” announced Laporta, as well as having a salary mass that represents 103% of the club’s total income. It represents 20-25% more than our competitors “, and he acknowledged that” they have found a difficult situation to renegotiate the contracts of the footballers “and that” there was a modus operandi that bypassed internal controls “.

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