Barcelona economic vice-president Romeu: Club finances looking healthier, but...

Football
12 Oct 2023 • 9:07 AM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Barcelona economic vice-president Eduard Romeu says the club's finances are looking in better shape.

However, he warns they're not yet through woods.

He told Mundo Deportivo: "We have a situation in which we have been able to plug the leak that we had of 200 million annual losses in the club's ordinary activity that forced us to make extraordinary operations known as palancas.

"We asked the socios for four years of patience to reverse this situation and we have been able to do it in two. At the same time, we have been able to be competitive in sporting terms and win the league last year. There is still a situation of inherited debt that worries me, but with an aggressive and painful Viability Plan we have been able to present a balanced budget without palancas."

Romeu also commented on the January market.

"In two and a half years we have been able to meet the needs of the coaches, so if the case arises we will make every effort to meet their requests."