Josep Maria Bartomeu claims Barcelona are exaggerating debt problems

Josep Maria Bartomeu claims Barcelona are exaggerating debt problems

Former Barcelona president Josep Maria Bartomeu has released a statement defending himself against accusations of financial mismanagement from those currently in charge at Camp Nou.

Current chief Joan Laporta and fellow executive Ferran Reverter have made no secret of their disdain towards Bartomeu and his time in charge of the club, accusing the former president of leaving Barcelona with debts of over €1bn.

However, Bartomeu does not completely agree with that and sent a statement to EFE in which he crunched the numbers and accused Barcelona of 'erroneously' claiming to be in such severe financial strife.

Bartomeu argued that Barcelona 'only' missed out on €225m in revenue because of COVID-19, not the €330m which has been claimed by Laporta and Reverter, while also insisting that the club's overall debts are around half of the €1.3bn being suggested.

He said: "The data will serve to refute the interpretations and information that have erroneously used the figure of €1.35bn of net debt, and that, as has been clarified in the audit notes, the club continues under the accounting principle of 'Company in Operation' and has in no case been at risk of liquidation or dissolution."

Terms & Conditions | Privacy Policy | Contact Us | Link Exchange