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Author Barcelona debt
mwg
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Registered: 19th Feb 04
Location: South Lakes
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8th Jul 10 at 08:08   View User's Profile U2U Member Reply With Quote
Borrowing money to pay players wages

http://news.bbc.co.uk/sport1/hi/football/europe/8797183.stm
Whittie
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Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
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8th Jul 10 at 08:29   View User's Profile U2U Member Reply With Quote
So they've got £75M to buy new players, but they can't pay wages. Why don't clubs get their priorities right

I thought Barcé were financially stable tbh!
mwg
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Registered: 19th Feb 04
Location: South Lakes
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8th Jul 10 at 08:41   View User's Profile U2U Member Reply With Quote
Wasn't it me and you the other week wondering where it is that they get all their money from to buy players And now they are borrowing money to pay wages
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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8th Jul 10 at 08:43   View User's Profile U2U Member Reply With Quote
Tbh haven't they said it's just a short term cash flow issue and not that they can't actually afford it in the long run?
MatthewR
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Registered: 21st Oct 02
Location: Rickmansworth
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8th Jul 10 at 08:56   View User's Profile U2U Member Reply With Quote
very clever marketing, driving the price down on potential signings
Marc
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Registered: 11th Aug 02
Location: York
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8th Jul 10 at 09:00   View User's Profile U2U Member Reply With Quote
You forgot Cosmo Big Fat Gayer in your title
Aaron
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Registered: 9th Aug 04
Location: Cottingham, East Riding
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8th Jul 10 at 09:00   View User's Profile U2U Member Reply With Quote
It wont happen, but i hope the world of football totally crumbles due to how badly SOME clubs are managed. A fresh start is needed IMO
Whittie
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Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
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8th Jul 10 at 09:01   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by mwg
Wasn't it me and you the other week wondering where it is that they get all their money from to buy players And now they are borrowing money to pay wages


Yes Can't be as stable as we thought.
saj_123
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Registered: 6th Jan 09
Location: Berkshire
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9th Jul 10 at 21:44   View User's Profile U2U Member Reply With Quote
Not making any money from television and ticket sales atm, so thats probably why its a short term loan.
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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9th Jul 10 at 21:52   View User's Profile U2U Member Reply With Quote
Exactly, it's just a cash flow thing.
Cavey
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Registered: 11th Nov 02
Location: Derby
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27th Jul 10 at 17:22   View User's Profile U2U Member Reply With Quote
Fresh audit done for the new president to take over...

http://news.bbc.co.uk/sport1/hi/football/europe/8859257.stm
mwg
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Registered: 19th Feb 04
Location: South Lakes
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27th Jul 10 at 17:45   View User's Profile U2U Member Reply With Quote
So they aren't really any better than the rest of us

 
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