05-29-2011, 11:38 AM
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Confirmed User
Industry Role:
Join Date: Feb 2008
Location: Paris - Miami
Posts: 6,538
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Quote:
Originally Posted by The Demon
Barca and Real also have the highest payroll in the world. No coincidence there.
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from last year
Quote:
The entire world is in the 3rd year of a recession. The football world has not been spared and the most recent victim are the giants from Catalonia, FC Barcelona.
A recent audit into FC Barcelona?s finances have revealed the club?s debt is a staggering 442m Euros (£369.5m) after a loss of more than 77m Euros (£64.36m) last season!! You may say, "Who cares?" Or "All I care is about what happens on the pitch." The problem is these footballing clubs are also businesses that need to make payroll and vast amounts of cash are needed to run the daily operations to provide the sporting magic
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