FC Barcelona is in the midst of a presidential campaign, but the winner might be getting a poisoned challis as Barcelona’s growing debt is set to force the club into a period of dramatic austerity, with the Catalan giants owing €900m to creditors.
The LaLiga side announced during the 2019-20 season that it expected to be the first club to break the €1bn barrier for income in a single year in football, however that figure was blown off course by the coronavirus pandemic.
As a result, the club had a loss of almost $100m last season, and there are concerns this season could be worse.