Barça closes the year with losses of 481 million: the Due Diligence will be presented in October

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The Barcelona Board of Directors has met this Thursday, September 16 to discuss different issues. From the financial close of last year to the budget for the 2021/2022 season, through agreeing on the date of the next General Assembly of Commitment Partners or announce when the results of the Due Diligence.

Regarding the economic closure of the 2020/2021 season, Barça confirms losses of 481 million euros. On the other hand, the Blaugrana team has approved an operating income budget, for the new 2021/2022 campaign, of 765 million euros.

Last August, Joan Laporta He already announced that last year’s losses were going to be “more than double what was expected”, although he also remarked then that there was “a small margin to find solutions.” The president pointed out to the previous Board of Directors as the culprit of the club’s situation: “The budget seemed like one thing, but it is much worse than it was.”

Joan Laporta, at the press conference explaining Leo Messi's goodbye

Joan Laporta, at the press conference explaining Leo Messi’s goodbye

REUTERS

“The real situation in which the club finds itself is a consequence of the inheritance received by the disastrous management of the past, which implies unsustainable indebtedness: we are in the process of collecting resources to restructure the debt,” Laporta added in August.

Due Diligence

Other topics discussed at the Barcelona Board have been to set the dates of the General Assembly of Compromisario Members and the presentation of the Due Diligence. Regarding the first, the Assembly will take place on the weekend of October 16 and 17. The venue will be the club’s facilities, coinciding with the visit of the Valencia al Camp Nou.

As for the expected results of the Due Diligence, it will be on Wednesday, October 6, when they will be made public. The person in charge of collecting the data of this audit prepared by agents external to the club is Ferran Reverter, the sports director of FC Barcelona.

Other issues

In its statement, Barcelona has also announced the approval of the constitution of the company Barça Producciones SL. This, according to the note, “will integrate the audiovisual activity of Barça Studios, and where 100% of the social participation will be owned by FC Barcelona”.

Finally, the Board of Directors has confirmed that it has been agreed to present at the next Assembly “a proposal to modify the Bylaws, with different aspects, among which, the possibility of registering as a member electronically and the reduction of the next five-year terms of the Board of Directors “.

[Más información: Laporta convoca una reunión de urgencia en el Barça para estudiar la destitución de Koeman]

Reference-www.elespanol.com

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