CASH-STRAPPED Barcelona are still paying off Philippe Coutinho’s transfer fee to Liverpool, and still owe clubs an eye-watering £98million, reports say.
The Catalan giants are desperately trying to fix their financial situation, but still owe various clubs money for the transfers of players YEARS ago.
According to Marca, Barca still owe around £98m to various clubs, including £11m to Liverpool for Coutinho.
Barca also owe the likes of Juventus and Ajax £65m for the transfers of Miralem Pjanic, Frenkie de Jong and Sergino Dest.
However, the report also states the club have reduced their debt to other clubs by 28.4 per cent – something club president Joan Laporta and Barca’s general director Fran Reverter will reveal on Wednesday.
And despite Barca lowering their wage bill by 24 per cent, the club still recorded losses of £492m over the last couple of years.
The departure of legend Lionel Messi in the summer helped reduce Barca’s wage bill.
A decision Laporta says ‘will affect the club for the next 50 years’.
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The 59 year old said: “The current contracts mean we have this salary mess of great magnitude and it allows us no margin. It is all tied to Financial Fair Play.
“That is why we couldn’t fit the first contract we agreed with Lionel Messi.
“I have made a decision that will affect the club for the next 50 years. The club is over 100 years old and it is above everyone and everything.
“Even above the best player in the world, the player who has been with us over the years, we thank him for all he has done.
“The club is above players and presidents.
“The reasons why we have decided to get to this point is that there are objective reasons regarding the economical situation at the club. The investment of that value with the contract with Messi was risky.
“We wanted to assume the risk, all of us as a board, but when we realised the real situation, it meant we would have put the club at great risk, and the salary mess has a great deal to do with that.
“Leo wanted to stay at Barca, we wanted him to stay, the fact that he wanted to stay was the first step that was made, that was a key factor, he wanted to say.
“After all this, there comes a moment where you need to say, enough. You need to analyse it with a cold head and look at the numbers. And in the Spanish LaLiga we have to abide by the rules.
“We think it could be more flexible, but we know the rules.”
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