Is that “simple”? I’d say that’d be a stupid as feck stance to take.
Here’s a Reddit post that explains it. Laporta tried his little trick, La Liga did their own audit and called them out on their lies and completely bulldozed their own immediate to short term future. This is in Laporta but the propaganda points everything back to the previous board. Laporta should have walked for this alone
For anyone wondering, Laporta and his board had reported all their losses caused by their rebaseline and devaluation of their intangible assets (e.g. players) in one go in early 2021 which meant it had made this season’s wage cap extremely low and difficult to manage. The original upside was that you can only report the debt in scope once and you are not spreading out the reported losses over multiple years. It was a strategic business/accounting decision by Laporta and his board.
HOWEVER. La Liga themselves also did their OWN audit and they came out with an announcement that they believe Barça had purposely overstated their losses. They in turn also have discretionary power in a following fiscal year to scrutinize harder the way how we have reorganized our debt structure and reported revenue based upon their interpretation on the feasibility of repayment of future debt and forecast of revenues (and not just a standard review of the preliminary submitted financial report for this fiscal year for cap calculations - which may result in recommendations for additional financial operations by the club anyways to satisfy La Liga’s ad-hoc concerns).
Also, In the last 12 months we have taken a single billion euro loan to cover operations and immediate maturing debt -AND- approved ANOTHER billion dollar loan to finance Espai Barça. Although on paper we don’t need to be paying it all right now, it is now added on as a heavy layer of debt into our future seasons with no real guarantee of sufficient revenue to cover debt and have a substantial profit margin. The forecasted revenue presented to culés had actually been very optimistic back on October 2021.
On top of that if we are only talking about evaluations for the immediate year, we do have maturing debts nevertheless that needs to be paid just this year as well as the increase of expenditure on postponed salaries and increase in salaries of renewed players or new players who made a financial sacrifice this season but will have an increase the following season.
La Liga in turn when they review our financials to determine wage cap, DOES have the discretionary right to question our long term financial stability in the upcoming years to stifle our more current immediate following fiscal year’s wage cap as a form of financial control. There is DEFINITELY an additional layer of political aspect too where things get blurry and Tebas and his supporters can leverage the complex situation to try to push for a CVC agreement.
Hopefully this makes sense.