Tuesday, January 26, 2021

BARCELONA COULD EASILY GO BANKRUPT

 The Spanish giants Barcelona could easily go bankrupt soon.

 Financially the club is in a very perilous  state and their position is so very scary.

 The main cause was their very huge debt accumulated over the years, huge yearly salary of the footballers and of course the horrible Corona  Virus or the Chinese virus, which did not help anyway either empty stadiums no visitors to the stadium and museum, have made things even more difficult.

The Barcelona players did take a huge pay cut , but it does not seem to work.

 Barcelona owe 19 nineteen clubs a sum 112, one hundred and twelve million pounds, for buying payers on long time installment pay back.

 And now the Barcelona players have not got their pay in the month of December. The clubs usually pay their players twice a year once in June and once in December.

 So things look dark and gloomy at Barcelona. But there is always a light at the end of a dark tunnel.

 

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