It seems that the banks, which are being bolstered by the state which is being bolstered in turn by Eurozone and EU assistance, are unwilling to be tough on a club that cannot possibly service the debt.
Why is this any worse than a rich owner pumping investment into a club?
Barcelona are living above their means. They cheat on the pitch, UEFA cheat on their behalf and their finances are very irregular.
There is another story about a 70 million euro hole in their accounts.
Corney and his gang of trolls will critisise Chelsea, Man City, Man United or Arsenal for their funding yet wax lyrical about Barcelona. How beautiful are Barcelona when it is alll based on fraud and subterfuge?
If Barcelona were a cycling team they would be doping.
Clive, read the Swiss Ramble blog, and you'll see that Barcelona's debt is by no means unserviceable.
I want to agree with you (apart from the bit about Corny being a troll - nice piece of reverse trolling, albeit not very subtle), but not only is this story 2 years old, but its conclusion appears to be wrong.
Clive, read the Swiss Ramble blog, and you'll see that Barcelona's debt is by no means unserviceable.
I want to agree with you (apart from the bit about Corny being a troll - nice piece of reverse trolling, albeit not very subtle), but not only is this story 2 years old, but its conclusion appears to be wrong.