The Limited Times

Now you can see non-English news...

Barcelona, ​​Spain, asks banks to defer debt to avoid bankruptcy

2021-01-23T15:07:40.822Z


Madrid-SANA According to Spanish media reports, Barcelona has asked a group of major banks to delay a blockage


Madrid-Sana

Spanish media reports indicated that Barcelona had asked a group of major banks to delay payment of its debts in order to avoid declaring bankruptcy.

According to the Spanish economic newspaper El Confidencial, Barcelona asked Goldman Sachs, Allianz, Barings, Amundi and Prudential to postpone the debts owed by him, noting that the club has imminent debts amounting to 300 million euros, which he requested to delay payment.

The club's debts doubled during the 2019-2020 season amid very worrying financial results, increasing from 217 million euros in June 2019 to 488 million euros in June 2020.

There has been great turmoil at the club since last summer, after the dispute between Argentine star Lionel Messi and Josep Bartomeu exploded as Messi sought to leave the club.

Source: sena

All sports articles on 2021-01-23

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.