{"id":21667,"date":"2022-06-12T16:33:05","date_gmt":"2022-06-12T16:33:05","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/barca-solving-terminal-financial-crisis-laporta"},"modified":"2022-06-12T17:17:24","modified_gmt":"2022-06-12T17:17:24","slug":"barca-solving-terminal-financial-crisis-laporta","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/barca-solving-terminal-financial-crisis-laporta","title":{"rendered":"Barca solving &#8216;terminal&#8217; financial crisis &#8211; Laporta"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span>Barcelona president Joan Laporta has praised the club&#8217;s board for rescuing the Spanish giants from their &#8220;terminal&#8221; financial situation.<\/p>\n<p>Laporta, who returned as Barca president in November 2020, said they are &#8220;still working&#8221; to reduce the club&#8217;s debt and balance their books, but added that the club are in a much better position compared to when he arrived.<\/p>\n<p>&#8211; Stream ESPN FC Daily on ESPN+ (U.S. only)<\/p>\n<p>&#8211; Don&#8217;t have ESPN? Get instant access<\/p>\n<p>&#8220;When we arrived over a year ago, the club was in a terminal [financial] situation,&#8221; Laporta told reporters. &#8220;We have restructured our debt, we have saved on financial costs, we have controlled our expenditure and we have increased our revenue.&#8221;<\/p>\n<p>Laporta said in August that his board had inherited a debt of \u20ac1.35 billion, meaning Barca were unable to register a new contract for legend Lionel Messi, who joined Paris Saint-Germain as a free agent last summer.<\/p>\n<p>Barca financial vice-president Eduard Romeu said that the wage bill was \u20ac560 million, almost double that of Bayern Munich and \u20ac160m more than LaLiga rivals Real Madrid.<\/p>\n<p>The Catalan club will hold an assembly on June 16 looking to get authorisation on several financial moves to boost Barca&#8217;s economy.<\/p>\n<p>&#8220;If these financial operations are approved by our members, it will be good news for us,&#8221; Laporta said. &#8220;We will balance our books sooner than we expected.&#8221;<\/p>\n<p>Laporta said he was hopeful of extending the contract of young midfielder Gavi, whose deal due to expire in next summer.<\/p>\n<p>&#8220;We are optimistic,&#8221; Laporta said. &#8220;We obviously want Gavi to continue at Barca.&#8221;<\/p>\n<p>Gavi, 17, made 34 league appearances for Barca this past season and became Spain&#8217;s youngest goalscorer after netting against the Czech Republic in a 2-2 draw in the Nations League last weekend.<\/p>\n<p>&#8220;We are close to reaching an agreement,&#8221; Laporta said. &#8220;It&#8217;s more special for us because he [Gavi] comes from our youth ranks. We want Gavi to stay. The player and his agent want it too.&#8221;<\/p>\n<p>Meanwhile, winger Ousmane Dembele, who is a target of PSG and Chelsea, has not responded to a contract offer from Barca with his contract expiring this month.<\/p>\n<p>&#8220;Ousmane had a renewal offer from us and we have no news that he has accepted it,&#8221; Laporta said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. Barcelona president Joan Laporta has praised the club&#8217;s board for rescuing the Spanish giants from their &#8220;terminal&#8221; financial situation. Laporta, who returned as Barca president in November 2020, said they are &#8220;still working&#8221; to reduce the club&#8217;s debt and balance their books, but added that the club are in a much better [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":21666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,17],"tags":[5092,5096,7966,429,8032],"class_list":["post-21667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-sport","tag-africa-press","tag-africa-press-ghana","tag-barca","tag-ghana","tag-laporta"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Barca solving &#039;terminal&#039; financial crisis - Laporta - Ghana<\/title>\n<meta name=\"description\" content=\"Barcelona president Joan Laporta has praised the club&#039;s board for rescuing the Spanish giants from their &quot;terminal&quot; 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