FC Barcelona Finances

[Andresito]

(X) Doubt

 

[behindbrowneyes]

Doesn't sound far-fetched imho. What Rakuten is paying since Covid is just bad business for the club. We got a new board with new contacts in the business world.

 

[Luftstalag14]

"Much higher" than what Rakuten is paying us (30m) right now doesn't say much. We should be looking for something similar to what Real Madrid is getting (70m a season).

 

[JerseyAddict]

What's with Nike deal? After Messi left Q is will they try to "decrease" the total ...

 

[FinBarcelonafan]

Hopefully Memphis becomes international super star.. or we need to sign one. These sponsors want some big name.

Memphis and Fati give me bit of hope.

 

[serghei]

Bartomeu did a sort of economic sabotage, which is a tempting trap to fall into. He's spent so much with so little care about medium-long term economic stability, that he banked on future revenue to finance some of the deals he made.

It's as if you win 2000 euros a month, but you make deals in the resent projecting on that you'll make 2500 euros a month in the next year or so. All of this based on the mirage of ultra-high revenue booming. Now imagine you not only don't meet the expected gain, but you actually decline from 2000 euros/month to 1000 euros/month (covid crisis role). All the while contracts are signed pen to paper and binding by nature.

This is the problem Laporta inherited from the previous board. He simply inherited contracts made on the basis of economic growth that he has to pay up in economic recession instead. Impossibly hard to deal with.

Which is why people need to cut him some slack.

 

[jamrock]

Bartomeu did a sort of economic sabotage, which is a tempting trap to fall into. He's spent so much with so little care about medium-long term economic stability, that he banked on future revenue to finance some of the deals he made.

It's as if you win 2000 euros a month, but you make deals in the resent projecting on that you'll make 2500 euros a month in the next year or so. All of this based on the mirage of ultra-high revenue booming. Now imagine you not only don't meet the expected gain, but you actually decline from 2000 euros/month to 1000 euros/month (covid crisis role). All the while contracts are signed pen to paper and binding by nature.

This is the problem Laporta inherited from the previous board. He simply inherited contracts made on the basis of economic growth that he has to pay up in economic recession instead. Impossibly hard to deal with.

Which is why people need to cut him some slack.

Too few people understand this.

 

[serghei]

Too few people understand this.

Yep. The average guy loses his house because of this poor judgment, while Bartomeu left a club in crisis.

 

[serghei]

Personally, I have a safety check financially, of never spending 25% of what I earn monthly. No matter what. Spend everything on every pleasure but the 25%. It's there for not getting myself into trouble.

 

[FinBarcelonafan]

Barto was basically following modern way to build a company. No profits but insane promises of future revenue or profits.

Uber, Amazon and Tesla. For a long time made no money to increase their revenue.(Uber might not even make money now)

That's what Barto always talked about, being the first club with billion dollar revenue. It was his goal and pride.

 

[serghei]

Barto was basically following modern way to build a company. No profits but insane promises of future revenue or profits.

Uber, Amazon and Tesla. For a long time made no money to increase their revenue.

That's what Barto always talked about, being the first club with billion dollar revenue.

You can go bold like that when it's your own company. You can be as crazy as you want, taking as much risk as it suits you. But when you're appointed somewhere, you have to have some degree of care for what happens in the future, after you've gone and the next guy takes over. If you claim to care about that company/project. If not, then you can act as you want no matter what.

It's very hard to turn incompetence into something criminally punishable. This is why it's likely Bartomeu won't face jail time unless he was crassly dumb and careless.

The whole power of Barca/Madrid model is in the idea that presidents don't treat the club as if they own it during their term.

 

[FinBarcelonafan]

You can go bold like that when it's your own company. You can be as crazy as you want, taking as much risk as it suits you. But when you're appointed somewhere, you have to have some degree of care for what happens in the future, after your gone and the next guy takes over. If you claim to care about that company/project. If not, then you can act as you want no matter what.

It's very hard to turn incompetence into something criminally punishable.

This is how he became wealthy most likely. Risk the future. This time he wasn't as lucky and lost.

I don't think you can treat Socios owned thing same as company. We can't risk the institution like a company. Like you said.

 

[Devils]

Laporta: "When we arrived, the wage bill was at 110%. Now we are at 80% and it will drop, if all goes well, to 70%. I am clear that in the next transfer market we will be able to act normally."

 

[jamrock]

Can we imagine just for a minute, if we were run properly both on & off the pitch over the last few years instead of being the laughing stock of Europe how great things would be right now.

 

[malvolio]

Serghei, the profesional top football player, professional top football manager, professional top football agent, professional fitness trainer/physio and now top businessman, with Catalan elite connections and top club running knowledge.

Get off your high donkeys you unwashed peasents.