Joan Laporta

DonAK

President of FC Barcelona
The press are receiving invitations for his inauguration as new Barcelona President tomorrow at 6pm.

Ewm0wm0WEAEOgED
 

behindbrowneyes

Well-known member
125M is a lot. Much more than when Bartomeu got elected. Add the bad financial situation of the club and the pandemic to it. Getting a guarantee for that sum is not as easy as people think.
 

KingLeo10

Senior Member
We should make friends with some clown tech billionaires who have like 50 billion. Surely, one of them had to be a Barca gloryhunter at some point, no?

Where's Steve Ballmer when you need him?
 

Windhook

Well-known member
Correct me if I'm wrong, but the 125m demand has nothing to do with Barca's bank account but the percentage. Laporta must pay that sum out of his own pocket.

To take office, Laporta and his executive board must first present a bank guarantee worth 15% of Barca's budget within 10 days of being elected.

Wednesday marks the deadline for Laporta to come up with the guarantee, which must also be ratified by La Liga.

Barca's club statutes demand that the executive board are "liable for their actions" while in charge and the bank guarantee is a way of protecting the club against being run irresponsibly.

The statutes add that the members of the board should be "equally liable for [the total amount] unless individual or internal agreements are made between the members of the board for a different distribution of liabilities."

A club rule that literally is a shot in the foot.:boss:
 
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