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Barca for Soucek? They are £1 billion in debt

Any idea that Barcelona can afford to buy Tomas Soucek is similar to believing that any of us can buy the London Stadium.

For the simple truth is that Barca are as skint as it’s possible to be and in the worst position possibly of any football club in history.

A report emerged this morning that a deal could be on  but it can be dismissed as nonsense immediately.

Back in January it was reported word wide that their finances had been laid bare with the club in serious debt and reportedly at real risk of going bankrupt.

Those figures showed the LaLiga giants’ debt at £1.1billion (€1.2bn) with £648million (€730m) of that due in the short term while £236million (€266m) has to be paid to banks by June 30.

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The report also highlights the fact that 74 per cent of the club’s revenues go to players’ wages – a figure that exceeds the league’s 70 per cent limit.

Such stories as Soucek to Barcelona demonstrate extraordinarily lazy journalism and thanks to to  Claretandhugh forum member Keith Escott who pointed out the reality declaring: “Barcelona also have debts that make ours seem like loose change. Another weird fact about Barca is that they only pay players twice a year. Ridiculous story.”

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About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon

4 comments on “Barca for Soucek? They are £1 billion in debt

  1. Nice bit of reality!! They can’t afford him and if they could they can’t have him!!

  2. Pretty sure the Spanish/Catalan government have bailed them out before. Could do so again.

    • Can’t see how, Real Madrid are government run and to bail out there rival enemies, would be suicidal.

  3. Barca for Soucek? Really? Soucek is too good to be sold. Keep it!

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