The 5 messages rules per day is frustrating... i had messages that i couldn't post, then i forget and by the time i'm back we have another 2-3 pages so it doesn't make sense anymore...
Barca and Real are more a political party than a club
They are always supported by the banks for political reasons
So they are going to continue to spend not caring about nothing
Laporta and Florentino are local politicians
what banks exactly? and how? can you please elaborate?
Don't you worry about the Spanish banks. They've been dancing but the music has stopped playing.
not a single bank was rescued in the previous crisis. not a single private bank, only public "banks" (which are not called "banks" in spain anyway as they are a different, non for profit, thing, and managed by politicians).
To me what Laporta is doing feels like almost like the gambler's fallacy: chase the win even when losing. There's no question that the current Barca squad (assuming they can register all the new signings) is good enough win the major trophies. The question really is: will winning the major trophies increase revenues enough to pay for the current squad?
All indications suggest under the current economic conditions, no - Barca cannot afford to cover operating costs with operating revenues. Hence the need for 'leveraging' future revenues to create current income.
That is obviously no way to run a business that doesn't have a huge potential for growth. Do Barca have that? I'm not sure, the world is likely hitting a recession, interest rates are rising, there's still a pandemic and a war on etc.
BUT
As other posters have said, I also get the feeling Barca would just get away with going bankrupt somehow, for non-footballing reasons.
why do you say that we cannot cover operating costs? wage bill has been reduced over 200M, in the next 2 years it will decrease another 50-60 minimum. last year 560 was "fake" because it included one time payments that won't be repeated. at this moment we are at real madrid levels or a little bit more, due to busquets, fdf, alba, pique and ter stegen, that are the only ones that are not in the new scale salary. chelsea has offered kounde more money than what we are paying lewa (and he is a top earner next 2 years in the new scale). from the 500M lost last year, the "real" lose was less than 200 (the rest were one time payments and extra savings for potential costs). so we should already be able to balance that or to be very close.
barça will get away with bankrupt for non bootballing reasons, those non footballing reasons are paying what we owe by ourselves.
Obviously some new rule will emerge and they will be free to do anything they want, they are just too important for spanish football.
Many crying "what will barca do....what will barca do..." the answer is nothing...they will be just fine, they have a good manager a good squad and they will fight for the title and CL.
laliga is not going to come with any new rule. they could have done it last year (when the situation was way worse) and they did nothing, they just followed the rules. messi had to leave because we couldnt keep him even if playing for free. we could pay 0 to messi and we werent abile to register him anyway. losing messi for free when you can keep him for free is a easy to sell situation but laliga never accepted that. and they did it right. no special rules should be applied to anyone.
besides, tebas is not happy with barcelona due to SL and the fact that barcelona rejected CVC (waaaay worse operation than the "levers").
But to be clear, it isn’t really “ok” to do that to anyone. If they do it to those players, then tomorrow it could be you; that’s how players should/need to see it.
It like dating a girl that cheated on her last 4 boyfriends and naively thinking “I’M the one she’s going to be faithful to!”
I promise you Goldman Sachs does not care … at all …. about their politics, or how important they think they are to world football.
The fact that Barcelona “did not comply with its liabilities to banks, the Spanish League, or UEFA” means they burned the bridges they had with people that did care about such things.
It doesn’t matter if the whole country of Spain is willing to prop you up, or if La Liga exists to promote you, if you don’t have confidence in those institutions not failing.
Barca and Madrid know this, and that is why they launched the whole Super League plan.
They have been acting like these levers are genius moves collecting on money that would otherwise just be sitting around. But teams make budgets years in advance, and that money was budgeted to pay people, go towards operating costs, cover future payments on contracts, etc. With the Euro spiraling and Spain being one of the most susceptible countries in the Euro region to a Greece-like collapse when predicted recessionary forced hit …it looks bleak.
They thinking winning major trophies and being super “relevant” when all this starts to hit is the key to saving themselves. It is not grounded in reality, but will be very interesting to watch play out.
those are way overpaid players with long and ridiculous contracts.
apparently players see otherwise. they trust barça more than chelsea. makes sense since they dont know if chelsea new owners will continue to post 200M of losses per year and will be covered as they were by the criminal's war friend. will chelsea come back to be just another mid table team as it has always been until the russian oligarc came in? considering chelsea revenue is way lower than barça, does it makes sense offering kounde almost twice as barça? does kounde deserve a higher salary than lewandowsky this year? is it sustainable without being the toy of a criminal's war friend? maybe players takes that into account too.
laporta has always said that the levers are BAD and that they wouldnt do it in normal situation, does it sound like "genius collecting money sitting around"? board has always said that it is a bad operation, but it is the least bad option they have.
They used up money they will NEED in the future to pay back part of a loan that will only get more costly as time goes on. For those who doubted that: ask yourself why they paid back nearly a full quarter of the money when they are on 15 year note at a VERY friendly rate if that 3 percent is true. The Euro will go negative to the dollar by the end of this year. They didn’t make any NEW money with their levers. They basically took an advance. And when it comes time to pay for the things budgeted to be covered by that money … then another loan? Further advances?
Going after the Super league even harder, and suing the other big teams in Europe in the process … it will not end well.
the last loan signed with GS was at 1.98% rate, not 3% (maybe that's another). we could sell 3 times what we have sold and we would still have higher revenues than chelsea, who is offering higher salaries, so... what?
for those who doubt, and for you, who obviously have 0 knowledge about anything related to barça rather your full time hate job. why did barça return 100M to GS at that rate? well... reason is that the loan barça took from them (at 1.98%) was backed by 90% of the LaLiga tv rights, so it was fine to sell 10%. However, they needed to negotiate with GS as they couldnt sell the rest because it was used as collateral for the GS loan. They negotiated and Barça cancelled 100M of the debt to be able to freed those TV rights. that is why it was done in 2 rounds to the same buyers (Sixth Street).
and obviously, if you have a debt and you need a loan you are taking and advance.
and other "big teams" will be sued if they signed something and they want to break a contract. if you dont want something, dont sign it.