Barcelona financial chief admits €500m needed to ‘save’ club

Barcelona’s vice president for finance has claimed that €500m (£427m) is needed to ‘save’ the club.

La Blaugrana’s financial woes are no secret, with president Joan Laporta speaking at length about just how bad things were when he joined the club in March 2021. It is well known that there is still a lot of work to do to clear the massive debt on the books at Camp Nou.

According to financial chief Eduard Romeu, the amount needed to fix Barcelona’s woes sits at a whopping half a billion euros.

“The number doing the most damage is asset imbalance,” Romeu told Sport. “The negative capital of €500m. I said it before, if someone wants give me €500m…that is what we need to save Barca.”

Despite the need for money, Romeu stressed that Barcelona are not interested in La Liga’s CVC deal, which would see them pocket a huge sum of money in exchange for a percentage of their audiovisual rights.

“For us, despite all the pressure we have received and the Fair Play issue we always have to keep in mind, it’s a bad deal,” Romeu said of the CVC deal.

“From a financial point of view, it’s settled and I think the president has been very clear.”

Instead, Barcelona are planning to raise money by selling shares in their merchandising and audiovisual department, which could raise a cool €400m.