No bank or financial institution backs the building of an 1.5B project for a broke/going broke club.
Barcelona is a football club worth 5-6bn according to Forbes (in reality a good bit higher than that), with tremendous assets at its disposal. The debt is a fraction of that. We're not broke, we're just dealing with harsh La Liga FFP measures that don't take into account the key aspects of solvency when judging risk of going bankrupt. When you have assets to sell and huge ones at that, you are not at a risk of bankruptcy.
When you make 1bn every year, 1bn debt is not THAT concerning.
Normally, it shouldn't be La Liga's business how we run the club. If we run it poorly, we do so on our own risk. If we have issues meeting payment deadlines to creditors, we'll be sued, and eventually forced to sell assets of various types. We were never at that point. We weren't sued by anyone for not meeting such payments. Not to other teams, not to banks, not to players through CAS decisions, not to anyone.
La Liga are idiots in this matter. It's not their place to dictate to us how to run the club, and to tell us we can't chase high risk - high benefit deals, which could actually help the club financially. There are laws in place in Spain that deal with insolvency and bankruptcy.
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