Will FC Barcelona ACTUALLY Go Bankrupt?!
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- Опубліковано 8 бер 2021
- Reports in Spanish newspaper El Mundo at the start of 2021 shed light on the extent of Barcelona's financial plight.
Josep Bartomeu may have resigned, but the legacy of his disastrous reign as president lives on, and the La Liga giants are reportedly in €1.4 billion of debt.
The amount of short-term debt the club is saddled with has led to talk of Barca going bankrupt, so in this video, HITC Sevens examines Barca's frightening accounts, how things got so bad, and whether there is any way out for Lionel Messi's side. - Спорт
Quick note to say that I made the video before Laporta was elected Barça president but I couldn't get it up before he was officially voted in. Hope you all enjoy the video nonetheless! ✌🏽💚 #ThePeoplesChannel
"I couldn't get it up" - *giggles*
@@alexa5675 Real mature😂😂
Sacking Koeman is no longer popular with the fan base. A good number, if not most fans, realise how dire the situation is and how much of a job Koeman has done with all that has happened.
We also need continuity, especially with all the upheaval going on at the club.
@@gbolahanafolayan LIFE IS TOUGH, it's my way to cope 🤣🤣🤣
@@gbolahanafolayan korman has done a decent job but he has clearly shown his limitations. Our fanbase is just too comfortable with mediocrity now.
Day 3: Lionel messi’s teammates from his final barça b game: where are they now?
Interesting
Dude thats good idea
Great idea 👍
Great idea
Great idea
When your wage bill is higher than Football clubs with the backing of oil countries, you know you screwed up royally somewhere
@@grievuspwn4g3 A third of Barca revenue is as a result of him. Also every 8 in 10 Barca Jersey sold is Messi's
Yes! barca will lose. I hope they go bankrupt, company deserves it.
😊👍
In fairness Barcelona could sustain those wage bills even in their current state longer than those clubs owned by oil countries since the demand for oil is going to decline significantly over the next decade with auto manufacturers moving towards eliminating the use of the combustion engine
@@thelinedrive
They lost 1,5 billion this year, and I don't think Barcelona will still proceed much
longer.
Only the riches clubs takes the lead.
Barcelona was poor in the beginning, they were never born rich, it,s not in there blood.
@@ordemeprogresso727 here’s the thing, bank’s don’t foreclose on large debts if the value of the company and future earnings potential means they have the ability pay off their debt. Or in the case of Barcelona the next 5 years at most. Hell if Barcelona just decided to list it’s self as a public company they would pay off their debt.
Short answer:
Well yes, but actually no
Thank you, you just saved me 20 minutes
Lol God
Lmao 😅
My family the day my dad went to get the milk: where are they now ?
top comment
Saaaavage
ur dad was abducted by aliens 😪😪😪😔😔 he as been plotting his escape ever since
This should be sent as a message for the footballing world. If a club the size of FC Barcelona can go bankrupt, pretty much anyone can.
If they spent more than they have. Yea everyone can go bankrupt not that complicated of a concept
We e not going bankrupt, we generate too much revenue to do that
@@seyakenkre8588 your revenue is dropped a lot during this pandemic. All clubs actually.
@@shafrizalxavi8956 yes its still 600 mill, coz messi shirt sales bring in a lot, that was one good decision made by bartomeu, not letting messi leave
@@seyakenkre8588 is it really that much from Messi shirt sales? During this pandemic? A lot of people lost some or all of their income. I think buying football player shirt is the least that people want in this situation. Especially in third world country
The answer is “no.” Standard situation of “too big to fail” situation. The government will bail them out. If anything they should be relegated as a penalty for not running a solvent business. Absurd. I’m so tired of teams being run at a net loss but not receiving any penalties. Removal from CL and a complete ban on transfers inbound so they quit spending money.
In theory this sounds good but also were still going through with the Camp Nou Renovation which is 600 million euros and then the squads wage bill. We'd still be down bad. This isn't like Juventus with cacipoli im not sure if we were sent down We'd jump back up. Most of the squad would leave. And even once fans come back, most of the casual fans wouldn't be filling the seats. It'd kill the club.
@@redlightning2322 I kind of hope so, from a long term practical perspective for football as a whole- financial superpower tourist clubs are completely destroying the sport.
You are ignorant.
@@rachetmarvel931 he said, failing to elaborate
@@Cyanova1312 Ok that’s taking it too far as no club should ever have to go bust
Barca need to go back to bringing youth though their youth academy instead of paying huge transfers and and massive wages on flops
They will never get the amount of talent they got during the mid 2000s but three key players Xavi Iniesta and Busquets were diamonds I don’t see La masia replicating that trio for a lifetime.
@@dazzaMusic if they dont try then we wont know..
@@fran-yv1xc if they don’t try? La masia doesn’t guarantee world class players the best player to come through at the moment is Ansu Fati and he’s far from the talents that have came through
@@dazzaMusic Even if La Masia doesn't guarantee world class players, they do guarantee players that are still very good. Examples include Mauro Icardi, Hector Bellerin, Dani Olmo and Takefusa Kubo. By using players from La Masia and developing them to a high level, they will save a ton of money on transfers.
@@oddcoyote2598 thanks Sherlock I didn’t know that!
Barca finances are so bad, I spent so much time in FM 2020 trying to balance the books (took me till Messi retires)
I am trying to do the same 😂
Probably the two most difficult things with La Liga to do are balance the books of Barca and try to field anything above a 6th place Athletic Club with the Basque development rules which either require spot talent super young and hope it sticks or poach all the Basques in an unrealistic fashion from Sociedad without an intermediary. As in Eibar might be a third place, but the other two seem to be trickier.
2020 or 2021? I was Barcelona in 2020 and I don't recall seeing them in much debt. After 3 seasons I think I had like £600m in the bank or something, and because I was such a miser, the board bought Salah, Mbappe (and I'm sure there was another player) without my consent. I suppose I couldn't complain but it was hard to keep everyone happy.
😅
@@WildPork FM 20, it was 19/20 season. Yea at the start u have a healthy balance, but it depletes so fast, if you dont sell players it will be negative in two seasons... Messi's contract was so crazy...
It's really unfortunate they will face little to no reprocussions for this, because it would actually be to the benefit of football as a whole in the future if this does cause a massive fallout for FCB. Then sweeping wholesale changes through all the top clubs.
Agree.
Barcelona going bankrupt would be huge, people would have called you crazy if you suggested that 10 years ago...
Yeah well nobody was crazy enough to spend nearly 400M on 3 bang average players
If bankrupt means debt restructuring while still remaining fairly dominant, I would have said That's very plausible, even without a pandemic.
If bankrupt means true financial insolvency and drastic measures that cause FCB to be relegated multiple times and possibly dissolve, I would have told you That's Crazy Talk and I will still tell you that. I'll tell you that right now, today.
They are never going to go bankrupt. They have several avenue to take: restructuring debt, selling Messi before July this year, scrapping the whole public club policy and sell to an investor.
Day 1 : Juan Laporta's 7 worst decisions.
@Nikhil Bhatt he is running his agenda to be elected again in 2030 or something
Barto is everywhere 🤣
Fuck off dickhead
thanks for the memories bart conner taken quickly
wtf someone call the police
An organisation being too big to fail has notably NEVER failed in the past...
AOL Online: 👀
I don't know where you've heard that saying from but it's absolute garbage everything falls eventually it will even happen to Barcelona as well one day. Could be 300 hundred years from now I don't know it will probably be a long time away but everything which rises must also fall how has human history not made that clear?
Which organisations are you referring to because I can not think of one. No organisation is too big to fail period
@@Liverpool-Thedirtyredteam I was making a joke about Goldman Sachs
@@Liverpool-Thedirtyredteam "Too big to fail" doesn't mean it can never fail. It's an economic term referring to the gigantic enterprises (especially banks) in modern capitalist economy. They occupy such an important level to keep the capitalist economy running, so when they fail, the system they are in may be severely damaged. As a result, those who benefit from this system (and hold most power) will actively help these institutions to prevent them from failing despite their incompetence. Therefore, this means something more like "too big to be allowed to fail".
Alternative title : How Bartomeu caused Barcelona into bankruptcy.
Pretty much
He already has a video called.
'How Bartomeu ruined Barcelona'
covid rlly not batimeu even though he screwed up in tranferz
Every Barca fan still blaming Barto. Literally every fan blames Bato even tho all clubs fall from glory. Autismo Messi needs to leave the club
@@itsnotme6316 Bullshit. Barca still needs to pay for the signings of De Jong, Griezmann, Couthino and Malcom.
Fifa doesn't have the balls to punish them over their financial situation. Where as a lower tier club would have been hammered by now and closed with debts a fraction of that of Barca. It's a real shame. As they have a loyal fanbase who spend their hard earned money on supporting the team. All for them to clearly overspend. Where is the financial fair play rules now. Ohhh what. It doesn't count for teams like Barca, PSG & Man City. Who all got away with cheating the system. More punishment is require to level football for all.
Yep
Man citeh and psg should be expelled from the champions league
There will be no fairness until the so-called big clubs are stopped from running football for their own benefit.
One thing to note is that in his first stint in 2003 Laporta came to a Barcelona that had a massive financial debt crisis. History does repeat itself.
This channel has become one of the best sources of good football journalism out there. It’s really impressive.
The way the narrator ends each sentence is kinda annoying.
create a Gofundme and the fans will cover those debts lol
I think Barca would get so much hate
@@kevincirl3044 rightfully
Surprised no one has tried to scam people with that
Doubt it would happen considering there debt is greater than €1bn
@@darrenobrien1546 Don't wanna see Messi striptease in front of Pique 😂 😂 😂
The amount of transfer money barca owe to clubs is shocking
Great video Alfie, really enjoyed it!
Day 1: 7 Most disapointing arsenal transfers
How can you narrow it down to 7
Its complicated
@@dimitrisqwerty 🤣🤣🤣 poor arsenal
@@dimitrisqwerty 😭
@@dimitrisqwerty Idk man im an arsenal fan and I think the whole list should just be Yaya Sonogo
Episode idea; The top scorers that only spent one season in the 1st Division or the Prem 😏 That is, the best performances in the only season a particular player was in the Top Flight.
Christian Vieri 1997-98 At.Madrid 24 games 24 goals (la liga) comes to mind
And Hasselbaink 1999-2000 season with At. Madrid 24 goals in 34 games (la liga)
Gustav Ludwigsson
Are we counting loans? Because if not jovial at frankfurt. Because he was technically signed in 18/19 but then sold a couple moths later
Negredo at city. Batsuayi at dortmund even though it was only 6 months.
Were like The Titanic, were so big that no one expect us to fall, but nothing is impossible.
I watch all your videos man , amazing work
amazing video, thanks
Vidoe idea : why most current and ex managers were midfielders in their playing days ? Pirlo , Xavi , Arteta , lamps , Gerrard , Zidane , Simone ,etc
This is a really informative video, it will be interesting to see what Laporta does since he was so vague about his plan for dealing with the financial crisis.
Day 1: Swansea City 12/13 team that lifted the League Cup: Where are they now?
Swear they've already done this before 🙂
@@alexa5675 yeah you're right, it's been done already
@@alexa5675 fair enough, I just thought of it on the spot, but I guess it’s already been done 😅
@@WastedxSkillz it's a popular channel, just you'll be surprised how often people double up opinions.
We live in a world were Burnley are more financially stable than Barcelona 🤣
Weren’t they in a similar position before their current run of successful, big money signings lining many people’s pockets, talk of relegation. Then Ronaldinho signed.
One issue with your argument. La Masia. Ronaldinho’s signing happened to occur a year before a certain Lionel Messi graduated from the academy. With a peak Xavi and young Iniesta to boot
@@kevinjogoo8730 There's a similar situation now. There's a rebuilding process going with Fati, Pedri, Puig, De jong to lead the helm
@@exoe.8324 Strikers are the problem at Barca right now. If Dembele and Griezmann finished half of their attempts at goal, Barca might still be in the CL.
@@gwenwalravens8030 I agree. I wouldn't mind selling Griezmann, Coutinho, and Pjanic to finance somebody like Haaland.
Dembele is a maybe cause we never really bought him to be a finisher. We bought him to create chances which he does. He just needs a striker to finish them off like what Aubameyang did back in Dortmund
@@exoe.8324 the problem is, fati is still injured, and at this age it could be bad mentally, and koeman doesn t want to play puîg
Yeah a lot of those part of the fanbase are also a bunch of delusional idiots that given the current situation Xavi would be way in over his head. Koeman has gone through a couple of times. Xavi started in a league in the middle of nowhere. The guy isn’t even ready for the job
Agree. Hiring someone based off their history with the club and nothing more is a very bad idea. Look at what happened with Lampard and what is happening with Pirlo.
@@kevinjogoo8730 the big difference is Lampard had proven himself at DC what needed to happen was that they needed to sell a lot of players and think about their squad composition. Like several of the old guard shouldn’t even be there anymore
Like Chelsea doesn’t.have a clear plan in place honestly Lampard in first season didn’t do that badly especially with him focusing more on te youth players and I think for the long haul that is far more sustainable than buying players.
I don’t really blame Pirlo for this mess because unlike a lot of other trainers of his generation I can see where he wants to move his squad.to and the style he wants to play them in, the problem there is for a Juventus side that’s an entire culture shift that doesn’t happen overnight
@@JamailvanWestering Teams like Chelsea and Juventus demand overnight success. And Lampard was in charge of DC who were already in the promotion hunt before he came around and won nothing.
Compare Lampard to Gerrard. One has no job and one just won the league. One rushed into a job and one is proving themselves, developing skills needed to actually manage a team
And Pirlo has proven nothing. Hiring a manager based solely on their contribution to the club as a player is a recipe for disaster
@@kevinjogoo8730 except it’s not.. Guardiola did it before, second I doubt the team of Juventus will ask for that succes straight outta the gate
Second is you might wanna lower those expectations given that Rangers is pretty much on par with working with a subpar in the Dutch league, it’s not a really a high standard
Great video!
I can’t wait for Bartomeu’s statue outside the Bernabeu
how do u mean
Lmao
need to use your over ripe tomatoes?
@@kolerick how do u mean
@@blackhokage1744 a statue strategically placed where enraged fans can throw ripe tomatoes?
Day 9: Best XI TO Test Positive for Covid 19
Day 2: EPL London Clubs Combined XI
Maybe Barcelona just need to borrow some money from somewhere.... these Barcelonars need to find a Barca-loaner?
Get out! xD
When I watch video's of FC Barcelona on UA-cam and an ad shows up I always make sure to click on the link to help them with the bankruptcy
I was literally thinking about this topic ever since I saw an article in The Financial Times on there current predicament.
Barcelona is like the polar opposite to how Bayern is run financially. Which is a bit weird given how similar they are from their basic setup otherwise.
I heard Bayern paid back the loan they took out to build the stadium like 10 years early.
I don't see any way they are similar in their basic setup. Even in 2008/09 barca spend 100 million bayern didn't spend that much.
@@pack2500 Yeah, also their general policy, at least since Hoeness took over 40 something years ago, is to just spend money you have. Quite unique in that regard compared to all other top European clubs.
The best thing that could happen to European football would be for some of these super rich and yet super in debt clubs to go bankrupt. Maybe then we'd see some sweeping changes in the way football is run in Europe (for the fans, not for the wallets) and we might actually see some actual financial fair play instead of clubs being either bankrolled by shady 'investors' or through outlandish loans.
They only kept increasing revenue because they kept making world record signings, no signings no new revenue, when Messi leaves, loss of revenue, when Barca cant spend any money due to debt no quality players are coming in, they fall down in the league and again loss of revenue, your seeing peak Barcelona right now, its only downhill from here.
Hey, could you do a video(s) explaining the history of some of the biggest football rivalries? Like River Plate/Boca Juniors, Celtic/Rangers, Milan Derby etc
Day 23: "South Korea XI who beat Germany 2-0 in FIFA World Cup 2018: Where are they now?"
It was only 2 years ago so I wouldn’t say much changed
I like this but it’s fairly recent, he could do that in the future. You could do Swansea team that lifted the League cup instead
Chelsea's first 11 under Thomas Tuchal where are they now
You should do a documentary style video on how Rangers went from bankrupt to champions!
tier list every premier league title defence
Barcelona deserve to face the consequences of their actions, they have blown through disgusting amounts of money. Then they threaten to break away to save themselves.
I hope this debt bites them hard
Day 39: Documentary about the rivalry between Zamalek and Al Ahly.
*Nero Futbol liked that comment*
Yes
🇪🇬
No thanks
@@PodcArne aw yeah Nero!
Here's a challenging video: Barcelona's Last 7 Succesful Signings - as in, 7 signings that have lived up to or exceeded expectations as related to transfer fee
Who is Real's biggest legend? It was always a big debate. Ronaldo? Cr7? Raul? Ramos? Zidane?
We now know the answer. It's Barto. The greatest double agent in football history. You cannot destroy a club this much without doing it on purpose. He even went to jail for his true team. What a legend
Yet Real are still only in 2nd place...
Very nice video. I am surprised that haven't been to a university. Care to give us more about your background, or if you already have a video regarding that? I have studied finance and I can say your analysis is always really good.
Great post breaking down Barca's finances, especially their staggering wage bill. As a Real Madrid fan, I'm used to the lavish spending accusations, but Madrid's spending is somewhat modest in comparison to other clubs. I think Barca's biggest mistake happened after the sale of Neymar. Dembele & Coutinho were rash, panic induced, very overpriced impulse buys. While Griezmann is a great player, his contract it staggering. We'll see how the Barca saga unfolds.
What kind football players take that kind of money??That is beyond madness,These players should be ashamed
The day Messi leaves this club will cripple them. This football team is about to enter a very dark period and it's such a sad thing to see considering just how dominant they've been.
Nah they will always be a top top team
Day 29: Teams with the most draws in one season
900k a week... That's not even what some top CEO's in Switzerland make in a year
I see more and more terms spending a lot with players and I always thought that this could be a problem to a lot of big clubs in the future. Hopefully, nothing will happen to Barça, but if it does, I hope that turns on the yellow light to all the clubs in the world.
It's two years in the future and while they lost Messi to PSG for nothing and have failed to advance out of the group stage in the UCL the last two years, they're doing all right in La Liga cruising to a win this year.
bro just wanted to let you know that durring this vid i had 9 adds. not sure if that is by ur choice or youtube targeted you. geat video, enj......while typing this, at 20:30 timestamp add number 10 appeared. Great job. cheers
It'll be interesting to see how Barcelona turn it around.
Also, day 53 for world XI using only players who currently don't play in Europe's big 5 leagues. (Players out on loan are eligible for this XI).
Who is here after messi was forced to leave barca?💔
We can only hope so
Guy at the back:"Messi will save them financially"
20min vid. im in
Day 13: Most shocking/surprising FA cup winners. By that I mean, the most surprising team that went onto win the entire tournament.
Portsmouth and Wigan would be on that list.
@@golgotha3938 As should Coventry and Wimbledon.
@@bakulshah4367 and Tottenham, who won while in non-league
A couple of video ideas:
- Flanders XI
- Wallonia XI
I’ll keep asking: a best XI of premier league title winners from the last 11 seasons but you can only pick one player per team
Could you do a champions league one too?
Day 2: The rise and fall of Deportivo La Coruña
Tifo did it
The economics of Barcelona and Man Utd are a lot like that of governments. It doesnt really matter how much long term debt they rack up because they will always be able to generate enough revenue to cover the payments.
Revenue means nothing. The EBITDA (in this case less the stadium capex) ist the number to look at, and here that is a serious issue. Cashflow available for debt service is non-existent. They need to seriously restructure, otherwise banks and particularly the hedge funds that bought in, will enforce. Bye bye Barca
i hope so!
A combined Scandinavian XI
Please do a video on the possible outcomes for all the teams at the Qatar 2022 worldcup..
And people still say that city uses there oil money 😂
Day 37: Top 7 ranked National teams' golden generations if they were compiled into a league format
Interesting to see how Laporta handles everything
7 highest career peaks of all time
No 1-messi in 2012
Video Idea: 7 players who are eligible to play for 3 or more nations
When you pay one player more than an entire squad of top flight players you're not going to be financially viable for long.
They just pay half to messi 😆, and he'll be gone to France now. Football nowdays is not competitive anymore 🤣.
This hurts so much. My city and club are hurting, we will be back.
Forca Barca
Come support Madrid for a change.
@@TeoZMuff313 never
@@TeoZMuff313 you are in 900million debt lmao???
At least you can go to coffee shops
As an economist I still do not understand why banks are looking at revenue, instead of operational profits. They look at growth and leverage through interest costs. A strategy that has too many flaws, any economist can tell! It should also not be allowed by the UEFA, because Barcelona (and some other teams) are buying players with money they can never pay! This is unfair competition and roaming off the income of other teams, making it harder to let those grow! It is time to stop this situation. Ban those unfair teams and let them first pay back their debts to maximum one year of their operational profit. That means about 1.3 billion euros in the case of Barcelona! They will be out of the picture for a very long time! And that is how it should be!
A common thread amongst all great bankruptcies be it banking, entertainment, industry or sport is the belief the entity was too big to fail.
Day 86 of Top 7 Best Managers Outside the "Big Five" European Leagues
100 likes
do a video on the best players to have played with both messi and ronaldo and if possible a best XI of players to have played with bith Messi and Ronaldo.
Rangers team from the first match played in the third tier; where are they now?
I'm pretty sure either the Sun or the Record had an article up in the last week with this. Quite an interesting read. Brought up memories of Fran Sandaza haha
Farmers league tho
@@OriginalNoseBleed
Bundesliga is a farmers league...
And Bayern Won the sextuple....
@@OriginalNoseBleed Literally irrelevant to the comment you nonce
@@MelonGearSolid aint reading the s*n fuck that
We can only hope
watching this, 500 meters away from Camp Nou. Messi will never leave the club!
can you make a sevens about players with non traditional shirt numbers?
Day 1: 7 best replacements for Jogi Löw!
Barcelona's talents from la masia are indeed gifted, but the problem is whether they can use them or not, which is down to the manager.
We can expect that Barca will sell a lot of senior team players, mostly deadwood who eaten up wages bill like Umtiti, Firpo, etc
Finally, someone who understands that selling Messi would have been a catastrophic decision for Barça. I'll go out on a limb here and say half of Barça's fan base support the club because of Messi. And it is because of Messi that Barça are somewhat able to compete for the La Liga and CL title. Sure, the overall debt may reduce with Messi's sale and what then? They'll still be left with massive debt and without the biggest generator of revenue for the club. With Messi gone, La Liga's TV rating will inevitably drop and that would mean less money in broadcasting revenue, less money in from merchandise and other brand deals. There's a reason Bartomeu pulled every scummy move in the book in order to keep Messi at the club. The guy maybe a corrupt bastard, but he's not an idiot.
How do you know that keeping messi is a positive in accounting
And what then happens when Messi retires?
@@danielpinks9205 Exactly. There's a price for everyone even ronaldo.
He could have tried keeping Messi in the club by simply being good with transfers and not destroying the club. But no, he has to keep Messi in jail.
Day 2 of asking for a 1 hour analysis of Tomas Soucek
An hour?? XD
Wouldn’t that be more on a tactics channel? Idk this one feels more about stuff off the pitch
@@seadkolasinac7220 but Soucek is worth it
@@raghallaighj so many players would be worth it more
@@claivy9579 but I just love Soucek lol
I suppose, they shouldn't have given that much money to the ref before that PSG game.
Can you also cover real madrid's financial situation?
As a Barca fan there couldn't be a better way to start my day.
😂😂😂
An idea (day 1): First XI of active La Masia graduates with less than 100 caps playing outside of Barcelona.
Alcantara cousins come to mind (apparently Thiago has exactly 100 appearances, while Raphina has 90).
they're brothers
They will be able to roll it in short term money markets, it will cost them but their free cash flow is probably enough to faciliatate this process.
We hope so
Glad I get to visit Camp Nou before its closure, for debt.
Unfortunately not, which is a real shame as lessons need to be learned by most clubs about the obscene salaries paid to lure players in, Barca being one of the worst for it, unsettling players at rival clubs with talk of interest and big money deals. They should not be able to talk to any player who has penned a contract until that contract has ended, this should be the same for every club. It would help stop players acting like spoiled kids in order to manufacture a move for big bucks, or force the club they are with into offering to pay them more money just to keep them. A contract is a worthless bit of paper these days as so many get out clauses, or the sheer fact the player just wants a move because he's been taken off, not played or maybe his shirt was creased??
So in simplistic word, it is the wage bill and business model. Even other clubs have hit on commercial revenue due to pandemic and big money transfers happen at almost all big clubs. I never knew Griezmann would be earning 900k a week and Messi with 2.5M a week.
It’s the great awakening! Pass it on
Hopefully 🙏🏻