Day after day there are alleged reports that one by one the Barcelona players have been speaking to Cesc, pleading with him to return home to his roots, yet little or nothing is being published that he might not even get paid initially,let alone played, as quite frankly, Barcelona are in a real mess financially.
The latest report is that the new president of Barcelona, Sandro Rossell, is travelling to South Africa to meet Arsène Wenger in what is being viewed as a “make or break bid”. Reports suggest that if they cannot reach an agreement with Wenger this weekend, the Catalan club are likely to turn their attentions elsewhere to bolster their squad. That in itself shows me that they are clutching at straws. Quite simply Barca don’t have the funds and in layman’s terms I will try and explain the complex issues surrounding the club.
As of June this year their total debt is 518 million euros, which included “irregularities” of 57 million from the 1990’s, yet they still have made pre tax profits for the last three years.
Their problem is one of cash flow, and hence they have borrowed 150m euros to pay short term payables such as hefty bonuses to the players but they will need to continue to sell players before they can even think of putting in a substantial offer for a player such as Fabregas. The main issue revolves around the problems at Mediapro, who are seeking bankruptcy protection. The problems at Mediapro, who manage the tv rights for La Liga clubs, are a knock-on effect from problems at the suppliers of cable tv in Spain. Strangely, Barcelona appear to have a different deal with Mediapro to Real Madrid with only verbal payment guarantees. If one adds to that the fact that players did not get paid in June, how dare they even try and attempt to belittle our club with a meagre offer for one of the best young players in Europe.
The promises by media companies to be able to pay out large sums to football clubs and their inability to do so in the current climate are surely going to have an affect on football finances world-wide.
If you want to read more about Mediapro click here
In addition have a look at the source below to see Rossell’s reported take on Arsenals behaviour
Cesc, you are being conned, forget Barcelona and concentrate your efforts on a club steeped in history that wants you to be part of the exciting times ahead.We have seen you grow from a youngster to a world class player these last seven years, and if, and it’s a big if you leave us now, you may just regret it.
Written by kelsey