In recent days, we only talk about the Super League project in the world of football. This famous project which must compete with the Champions League and above all bring in much more money for the participating clubs. At the origin of this idea, we mainly found the two giants of Spain: Real Madrid and FC Barcelona. Florentino Pérez had, at the time, increased his declarations, explaining that it was urgent to have new inflows of money so as not to see several major clubs go bankrupt. And if his club seems to be in rather good financial shape, this is not the case for rival FC Barcelona.
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The Blaugrana club, as we have known for several years, has major economic difficulties and often finds it difficult to be active on the transfer market. Since the arrival of Joan Laporta, Barça has used different levers to get by by partially selling assets in order to obtain income. For example, Barça had sold its television and licensing rights for the next few years. How to improve finances? Partially, because FC Barcelona is still in tough times and can now fear the worst. Because on the side of the well-informed newspaper World on Sundaythere is a serious risk of exclusion from the next Champions League for the Blaugrana.
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An accounting balance sheet that does not agree with UEFA
According to the German media, the reason for this possible sanction is linked to a violation of UEFA financial regulations. Barça has absolutely not offset its expenses with similar cash inflows over the last three years. However, the Catalan club announced a net profit of 304 million euros during its balance sheet in September. But the UEFA regulations are different and require clubs to enter in their balance sheet only sales linked to footballing activity. However, Barça, in its balance sheet, had taken into account the sale of future TV and marketing rights as well as the profits reaped by its other sports sections (basketball, handball, etc.). And this does not pass with UEFA.
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World on Sunday specifies that internally, UEFA is discussing a possible exclusion “for two to three years” explaining that “the greater the loss, the greater the penalty”. This summer, the European football body had already sanctioned Barça with a fine of 500,000 euros because “the club had incorrectly reported profits from the sale of intangible assets which did not constitute relevant income.” And the German media also explains that within Barça itself, sources confirm this risk of exclusion from the C1. Without the Champions League over the next few years, FC Barcelona would be in even more trouble economically. We therefore understand better why the club insists on its Super League project…
Pub. 12/22/2023 12:45 Updated 12/22/2023 1:07 p.m.
2023-12-22 11:45:13
#Barcelona #risks #exclusion #Champions #League
