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Barcelona Announce Massive Losses

Spanish giants FC Barcelona have announced losses of 79 million Euros for the 2009/2010 season this is in addition to their 430 million Euro debt. Club President Sandro Rosell however, is re-assuring fans and stakeholders that they are working hard to curb their rising debt.

Speaking to Marca, Rosell exuded confidence stating that Barcelona would recover soon.

“Knowing the truth is the only way to establish a solid path. We understand how we need to proceed along the road and soon we will recover the positive numbers,”

“We must look at the future with optimism. We confirmed a bank loan of €155 million which guarantees economic strength and keep up with payments. Soon we will recover the positive numbers.”

Meanwhile, the Catalan giants were 2-1 winners over fierce opponents Valencia on Saturday to move them second in La Liga standings 1 point behind Real Madrid.

Barca came from behind to beat Valencia thanks to goals from play maker Andres Iniesta and captain Carles Puyol. Surprisingly both Xavi and David Villa made quick recoveries to start the match.

Playing in their traditional 4-3-3 attacking formation, Villa was partnered upfront by Iniesta and Messi. The visitors took the lead in the 37th minute before an early goal in the second half  and Puyol’s 63rd minute goal handed the hosts the  victory.

The architect of the game Xavi was returning to action from an achilles problem and he showed that he was ready to feature in his side’s Champions League fixture this week.

Although delighted with the win Barca coach Pepe Guardiola, expressed concern at the thought of his play maker missing Wednesday’s home fixture against FC Copenhagen.

“My feeling is that he won’t be able to play week in, week out, but we will see how he is and how the problem evolves over time,” Guardiola said.”We will see how he is when he gets up tomorrow, but we won’t take any chances.”

“It was an extraordinary performance in the second half. “In the first half we were outplayed, we were too slow, we were beaten to the second ball and we didn’t close down well enough, but I was delighted with how we came out in the second half.”

Photo credit: from skaboy