I say that's bullshit. The club made €950m in revenue, sold the VIP seats for 100m,
The 100M sale is part of the 950M revenue, and it's is all part of the past season. What is the " squad cost next season + our other expenses like Staff, debts , deferred wages " vs (projected revenue next year) is what matters in 1:1
Don’t know if reliable but says that even if Crowe approves the VIP seats deal, it won’t be enough to return to 1/1 and that we need to sell.
We have renewed 11 players (Tek, Cubarsi, Araujo, Martin, Gavi, Fermin, Pedri, Raphinha, Lamine, along Inigo and Lewa) and almost finalised two other renewals (Casado and Bernal)
That is 13 players in total, at least 10 of those had pay raise that is very significant while barely any effect on amortization (only Lewa and Raphinha were bought sith significant price, I don't know if Lewa contract was amortized on 3 or 4 years).
We will surely renew Eric with significant raise too.
I won't be surprised those renewals alone are adding 50M+ to the squad cost, and that is assuming those players aren't being paid signing bonuses.