You are currently viewing The only viable way out for Barça: to become a Sociedad Anónima Deportiva

The FC Barcelona he sees himself more and more doomed to what he has tried by all means to avoid, at least according to what Joan Laporta said. The Barça team, increasingly suffocated by debt, is beginning to see how the only solution to solve its problems for the future is through conversion into a sports limited company. After learning that the Blaugrana have a spending limit to make their squad 144 million euros negativethis summer Joan Laporta’s board will hardly have a way to strengthen the squad, unless it is getting rid of its most valuable assets to expand that salary margin or signing with CVC, which would mortgage the club even more.

The culé team had a debt of 1,482 million euros, in the words of the president himself in October. Then, they presented the results of the accounts after an audit in which all the debt accumulated during the Josep María Bartomeu directive came to light. Then, Laporta went so far as to affirm that the numbers would have been a “cause for dissolution” in case of being a public limited company. It was also when the president affirmed that the possibility of becoming SAD “was not on the agenda”.

The board then recognized that they should take “drastic decisions” and that was what they were working on. Proof of this was the non-renewal of Messi – not even with a downward revision of his contract – or the need to lower the salary of Piqué and several footballers in order to register the summer signings. However, after the deferrals of various debt payments to be able to register new arrivals, such as the Ferran, Aubameyang, Adama or Daniel Alves, the situation has become even more dramatic.

The league has announced the salary limit of all the teams in the League after the winter market and has left Barça as the only First Division team with red numbers in this regard. The Barcelona entity has continued to increase its debt and for the next course it will not be able to sign, unless it manages to save. For this saving, it will not also compute the march of Dembele, since his contract is exhausted and he will go free, without being able to recover anything of what has been amortized over these years.

The culé team will be forced to back down and sign an agreement with CVC to which he refused months ago to try to solve his short-term problems, even if this means an even greater increase in debt. Otherwise, you will need to sell to players like Ansu Fati, Gavi, Pedri or Araujoits main assets, to be able to reinforce its team under the 1×4 rule for the next course.

However, not even those measures would turn their economic situation around. The debt of Barcelona it is of such magnitude that with the passing of the months it begins to be seen as a growing reality that the only way out they have left to end their financial problems is conversion to SAD.

The capital increase would be the quickest solution to their problems. The arrival of external investors would give a radical turn to the situation of the entity, allowing them to emerge from the serious institutional and economic crisis in which they have been immersed for more than a year and from which it may take several more to emerge. It should be remembered that the culé team is, together with Real Madrid, Athletic Club and osasuna, one of the few sports entities that did not have to transform into SAD in the 90s.

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