La Liga president Tebas has praised Laporta for his handling of Barcelona's finances
Barcelona continues to grapple with serious financial difficulties, which limited their ability to make major signings last summer. Dani Olmo’s move from RB Leipzig was their only transfer. However, the club's situation is not as dire as it may seem.
Details: La Liga president Javier Tebas has commented that Barcelona’s financial standing is steadily improving, and he credited club president Joan Laporta for these advancements.
Quote:
“Barça is close to achieving the 1:1 ratio rule. I hope they can meet it by January. The renewal of their partnership with Nike will greatly assist them.”
"Right now, Barça is not in as bad a situation as people think. When Laporta took over, losses amounted to €500 million, and salaries reached €600 million".
Reminder: Barcelona has started the season impressively under Hansi Flick, winning all five of their opening La Liga matches.
Today, Barcelona faces AS Monaco in their first Champions League match of the season.
Kenley Ward
Dailysports's expert
