FC Barcelona Finances

[khaled_a_d]

Was getting out of hand long before. Remember clearly how Laporta inflated our wage bill as well.

Laporta did it for sure, but it was reasonable in comparison to other clubs when you factor success. Not perfect but you can get the logic, and he left a young team in football, and European champions in Basketball. IIRC We were never the biggest wage bill in the world under him.

The only comparable deal to Mirotic in Basketball was Ricky Rubio in 2009, but he was getting to the NBA in 2 years time for a certain price. We knew what we were doing and the gamble paid off.
For Mirotic it was unheard contract in European Basketball, think of Neymar deal in 2017? It was like that. Madness tbh.

As for football, Bartomeu mad contracts to older players, renewed & inflated contracts after covid that harmed the club long term (Lenglet, Pjanic, Frenkie, Stegen) those were new territory for the club IMO. Non of Laporta, Gaspart, Nunez went this far.

 

[jamrock]

Was getting out of hand long before. Remember clearly how Laporta inflated our wage bill as well.

All wage bills inflate, when you go from not winning Jack to winning, it inflates, what Laporta did was within reason, which is why as hard as barto tried it took him years before he could fully ruin us.

No equivalence or anything close between both men.

 

[jamrock]

Laporta did it for sure, but it was reasonable in comparison to other clubs when you factor success. Not perfect but you can get the logic, and he left a young team in football, and European champions in Basketball. IIRC We were never the biggest wage bill in the world under him.

The only comparable deal to Mirotic in Basketball was Ricky Runio in 2009, but he was getting to the NBA in 2 tears time for a certain price. We knew what we were doing and the famble paid off.
For Mirotic it was unheard contract in European Basketball, think of Neymar deal in 2017? It was like that. Madness tbh.

As for football, Bartomeu mad contracts to older players, renewed & inflated contracts after covid that harmed the club long term (Lenglet, Pjanic, Frenkie, Stegen) those were new territory for the club IMO. Non of Laporta, Gaspart, Nunez went this far.

You said it way more detail, what I couldn't be bother to write, but yea the x100.

No equivalents or comparison between Laporta & Barto in that regard.

 

[jamrock]

I remember a couple years back I was watching a program where they put forward the theory that all the most successful teams in sports, tend to also have the high wage bill.

Barto took this Theory and ran without, with zero care as to the actual quality of the player being signed and the long term effects on the club's finance's, because his goal was to reach 1B in revenue, not thinking of any potential shocks to the market that could ruin that plan, while also growing expenses to be as close to the 1B mark as possible.

 

[khaled_a_d]

I remember a couple years back I was watching a program where they put forward the theory that all the most successful teams in sports, tend to also have the high wage bill.

Barto took this Theory and ran without, with zero care as to the actual quality of the player being signed and the long term effects on the club's finance's, because his goal was to reach 1B in revenue, not thinking of any potential shocks to the market that could ruin that plan, while also growing expenses to as close to the 1B mark as possible.

Yeah, financially Bartomeu actually had a plan and it was viable one theoretically but needed everything to continue as it which didn't happen, and it lacked sporting vision/understanding.

He surrounded himself with guys like Abidal and Fernandez who weren't good enough.


To his credit, he handled handball section better than Laporta, although our rival handball club in Spain ceased to exist around 2011. And he made Woman team relevant, both sections were cost friendly overall.

 

[DonAK]

Having the highest wage bill is not an issue, but it being considerably higher than anyone else definitely is.

Bartomeu and the people he had alongside him were idiots. Plain and simple. They gave almost every player at the club a bloated contract.

One of the dumbest deals was signing Umtiti, a relatively unproven CB from France and having that 50m buyout clause in his contract making it possibe for him to play us for a bigger one right away.

Even scrubs we sign should have a 100m buyout clause at the minimum.

 

[JamDav1982]

Bartomeu was shit scared of the amigos and not worried about long term enough as was not going to be there to reap the benefits. All that led to too many huge contracts and for players often in latter years.

It should be against club rules to sell a player for 225m and then give Messi 80m of it and then be left with massive amortisation costs in subsequent seasons on back of players sign from it.

The high salaries along with high amortisation costs was too much to cope probably even without covid.. and would have led to sales of part of club to bring back round most likely.

That and covid could all not have come together in a worse way for club.

What they did well was improve revenue, improve the La Masia they inherited and signed left likes of Araujo, Pedri, MATS, Dembele, FDJ, Balde, Gavi etc as basis of next team.

Also they split Barca Merchandising and set up Barca Media.. Good business decisions as mentioned by Laporta..both of which club made money from on levers sale and most likely the plan was to sell part of these and reach their 1 billion revenue.

But even those good decisions were most likely to bring in huge revenue at end of their reign and improve books/debt in their time more so than long term good of club as the aim... For example they would have sold Barca Merchandising to make books positive for them in last season even if that was not best for club long term and could make more holding it.

Boards at Barca always after the immediate or what they can be seen to leave. Tale as old as time.

 

[Messigician]

Bartomeu is definite about his belief the economic model was sustainable if it weren't for covid

Make of that what you will but he has been clear about that

 

[jamrock]

New deal with prime to replace Gatorade, but what's the numbies behind it

 

[Porque]

Logan Paul has promised us money in the bank.

 

[Luftstalag14]

I am guessing it has to be more than what Gatorade was offering us. Or Gatorade chose not to renew, which would be unlikely.

 

[M3ls]

Barcelona continue to actively work to reduce the wage bill. Now the size of the fund of the main football team is 386 million euros, writes Marca.

Journalists of the publication claim that they have data on the finances of the Catalans. Comparing the current amount with what it was two years ago, correspondents can safely say that the current management of the Blaugrana has done a serious job of reducing costs.


But the Catalans still have two serious problems affecting the increase in the wage bill.

1. Barcelona sections

The women's football team, basketball and handball teams are the club brands that Catalans also spend money on. According to Marca, Barça spends €91m on these sites, which raises the payroll to €477m.

2. Return of players from loan

On July 1, the players returned to the capital of Catalonia, who played for other clubs on loan last season. For the salaries of these players, the club allocates 54 million euros, thus increasing the wage fund of Barca to 531 million euros

 

[M3ls]

We need to get rid of the remaining ballast and destroy all sections except for basketball and football.

 

[khaled_a_d]

We need to get rid of the remaining ballast and destroy all sections except for basketball and football.

Sport has already made those reports.
The other sections is basically everything beyond football first team so you count B team and La Masia.
Basketball teams takes half of the "other sections" budget. Getting rid of the Coach and Mirotic will get us to where we want to be, problem is Mirotic wants his money and isn't willing to negotiate
Handball section is going for some austerity measure too, but other than those we won't make significant cut as it will be minimal effect.
We already got rid of Umtiti (for whatever money he got) from the loanees, Nico, Abde won't be an issue to loan anyway.
Lenglet and Dest take the major remaining chunk, there are reports now we are close to get a deal with Spurs for Lenglet.
No idea what we are going to do with Dest though, there was rumour that Union Berlin wanted him but seems they are looking elsewhere

 

[jamrock]

Yes what Khaled said, old news we already discussed here.

Clearly the board has done a wonderful job, with the wages, they are getting rid of the loanees & Torres/kessie sale away from having a great window.

Selling Torres is proving as difficult as expected, but I hope kessie takes the oil money and run.