Barcelona's billion euro debt puts football's credibility in doubt

Published on: 26 January 2021

Barcelona might have been better off trying to rent out Andorra's stadium from Gerard Pique for a modest fee in order to get a few fans and some needed cash through the door.

Ethically reprehensible, of course, but legal and it wouldn't entirely discredit LaLiga's programme of economic control.

Barcelona's financial crisis, to which I refer, is the biggest economic scandal in Spanish football since Atletico Madrid had Luis Manuel Rubi at the helm.

LaLiga, or more specifically, Javier Tebas, owes everyone an explanation.

What do the leaders of the other 19 top-flight clubs think? Clubs who aren't in Barcelona's dire situation and yet are competing with quite different assets on the pitch.

Real Madrid were roundly criticised for letting players like Sergio Reguilon or Achraf Hakimi leave for large profits, while the new Barcelona president would have to sell Lionel Messi four or five times over in order to balance the books.

I wonder how much Barcelona's members knew about the current situation: if a lot, how did they allow it? If not much, why was it hidden from them?

The worst part is that it gives off a whiff of impunity, the sort that football has a bad reputation for, especially in these times of pandemic.

I'm sure some American investment fund will save the day, or whoever wins the Catalan elections will do whatever it takes, but the damage is done.

Football's credibility is in question, but I suppose we can always blame VAR or Real Madrid's European Cups.

Source: m.allfootballapp.com

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