Barcelona Financial Crisis: Barcelona’s decision to leverage their future for results in the present has not hit the ground running with Xavi’s side staring at a Champions League exit. The Blaugrana settled for a 3-3 draw against Inter Milan at Camp Nou, all but sealing their fate in the competition. Struggling to get their finances in order, the potential UCL exit will starve Barcelona of 18m Euros in revenue. Follow Champions League live updates on Insidesport.IN
Barcelona Financial Crisis: On brink of Champions League EXIT, Cash-strapped La Liga giants set to lose 18 million euros – check out
Xavi had taken control of a dismal Barcelona back in 2021 and the board was full of hope that the marquee midfielder would rejuvenate the Barca side. Under Valverde and Ronald Koeman, Barca struggled for European glory. The financially broken Barcelona board gambled 132 million euros this season for the gaffer’s dream team. In return, their task was a place in the UCL quarter-final phase.
With the likes of Robert Lewandowski on their side, this seemed like an achievable goal. The board had budgeted for a quarter-final place in the UCL to bear the reported 132 million euro spending in the summer. However, things started going southwards for the Catalans on the European front right from the beginning. From being selected in the ‘group of death’ to losing two of the starting games, nothing went according to plan.
▪️ €108m owed for Coutinho, Pjanic & Neto
▪️ Camp Nou renovations
▪️ Budget aim to reach #UCL quarter-finals
▪️ Now paying €41m to Sixth Street for TV rightsWith Champions League elimination likely, Barcelona’s finances will be plunged into deeper trouble
— The Athletic UK (@TheAthleticUK) October 13, 2022
Barcelona Financial Crisis: On brink of Champions League exit, Cash strapped La liga giants set to lose 18 million euros- check out
Now according to the Spanish sports magazine Mundo Deportivo, the Barcelona board will lose a whopping 18 million euros from their early exit. Barca, who are already in the middle of financial adversity, can salvage some money if they go on and win the Europa League as the prize money for winning it, is 13 million euros.
Barca however will fight tooth and nail for qualification into the round of sixteen. They need to win their remaining matches and hope for a miracle in the San Siro for any hopes of that happening. The Xavi brigade are, however, doing exceptionally well in La Liga as they are on the top of the table, beating the Los Blancos on goal difference.
