Barcelona reveal findings of investigation into financial situation

By Sports Desk February 01, 2022

Barcelona have confirmed they will assist the Provincial Prosecutor's Office of Barcelona and the police department after finding certain irregularities during a forensic investigation into the club's financial situation under the previous board.

The Catalan giants' financial issues in recent years have been widely reported, which led to club legend Lionel Messi having to leave for Paris Saint-Germain last year after LaLiga denied his contract renewal due to the salary cap imposed on Barca as a result of financial mismanagement.

Barca president Joan Laporta – who returned to the club for a second spell after winning the election in March last year to replace the outgoing Josep Maria Bartomeu – commissioned a due diligence procedure from Deloitte, which revealed a due debt of €1.173billion and a loss of €481m.

Laporta was joined by the club's vice president Eduard Romeu and Jaume Campaner, a corporate lawyer contracted to work on the investigation, at a media conference on Tuesday to outline the findings of the investigation.

Laporta said "payments without cause, payments with a false cause or disproportionate payments were found" while Campaner explained that the findings showed "very serious criminal behaviour".

One of the more interesting revelations from Campaner included a company apparently being created to work on commissions with the club, saying: "We are talking about millionaire amounts. There are payments to intermediaries without justification, non-existence, or well above normal. Commissions of up to 33 per cent have been detected, while only up to five per cent is normal.

"There is a company that was born solely to work on commissions with Barcelona. Completely artificial accounting benefits were presented that are not the reality of the club."

Romeu explained that when he and Laporta arrived last year, they found that the wage bill was 40 per cent higher than those of rival clubs, and as such they have set about trying to drastically trim it where they can, including asking players to take pay cuts and moving on unwanted players.

"The salary bill is fundamental," Romeu said. "We were 40 per cent above our competitors and that was a completely unsustainable situation. To date, we have already saved €159m from the club's wage bill."

A statement on the club's website following the news conference explained the situation in further detail, confirming: "These sources and the conclusions made therefrom by independent analysts have compelled the FC Barcelona Board of Directors to deliver the said material and the supporting evidence to the Provincial Prosecutor's Office of Barcelona as the body that safeguards the principle of legality and which rules on the prosecution of allegedly criminal conduct, with the support of the police departments, whose duty it is to investigate matters involving potential conduct of a criminal nature.

"The allegations filed with the Public Prosecutor's Office are not addressed at any specific persons. They are limited to a description of certain circumstances and it is up to the investigators to determine who might be responsible.

"FC Barcelona is assisting the Provincial Prosecutor's Office of Barcelona and the police department with its enquiries in order to support any clarifications and provide any evidence that they might need in order to thoroughly investigate the circumstances.

"It is because of the social importance of FC Barcelona that the Board of Directors has initiated this exercise of responsibility from the conviction that the club's assets, which are the property of all of its members, must be respected and managed not only in an effective manner in economic and sporting terms, but also is good faith and in consideration of the institution and its members."

Related items

  • Emotional Thiago Silva confirms Chelsea departure but vows to return 'in another role' Emotional Thiago Silva confirms Chelsea departure but vows to return 'in another role'

    Thiago Silva will leave Chelsea at the end of the campaign, but hopes to return down the line in another role.

    Silva, who joined Chelsea as a free agent after leaving Paris Saint-Germain in 2020, has made 151 appearances for the club and helped them win the Champions League, Club World Cup and Super Cup.

    The 39-year-old, however, will not be staying at Stamford Bridge for a fifth campaign.

    In an emotional interview with the club's media channels, the Brazilian said: "Chelsea means a lot to me. I came here with the intention of only staying for one year and it ended up being four years.

    "Not just for me but for my family, too. My sons play for Chelsea so it's a source of great pride to be a member of the Chelsea family.

    "I hope my sons can continue with their careers here at this victorious club that many players wish to be a part of.

    "I think everything I did here over the four years, I always gave my all but, unfortunately, everything has a start, a middle and an end.

    "It's an indescribable love. I can only say thank you."

    However, Silva is set on returning to the club once his playing days are over.

    He added: "That doesn't mean that this is a definitive end, I have to leave the door open so that in the near future I can return, albeit in another role here.

    "Obviously, when I started here, it was during the pandemic, so there weren't any fans in the stadium, but through social media it became something very special to me and then when the fans started coming back, and life was getting back to normal, I started to feel a lot of affection and respect for my story and for my start here.

    "So, it is already hard saying goodbye in the most normal of circumstances, but when there is a mutual love, it's even harder. But once a Blue, always a Blue."

    Silva has worked under a variety of managers during his time at Chelsea, including Mauricio Pochettino, Graham Potter, Thomas Tuchel and Frank Lampard, who brought him to the club.

    "The way in which I came here, with the support of the club, I got to be a leader of the club having arrived as the new guy," Silva continued.

    "It's always difficult to integrate, but bit by bit, I became part of the group and Lampard played a big part in that, so I am grateful to him for that.

    "Not even in my wildest dreams did I imagine that I could achieve such great things and win one of the best professional titles, the Champions League, at one of the biggest clubs in the world.

    "Goodbyes are for those that leave and don't come back. I intend on coming back one day."

    Silva will be hoping to bid farewell to Chelsea on a high note by propelling them to European qualification.

  • Ederson injury 'doesn't look good', says Guardiola Ederson injury 'doesn't look good', says Guardiola

    Pep Guardiola conceded Ederson's injury "doesn't look good" as Manchester City were forced to wait on the severity of the issue.

    Ederson had to be taken off at half-time during City's 2-0 win over Nottingham Forest on Sunday, a victory that took them back to within a point of Premier League leaders Arsenal with a game in hand.

    The Brazil international needed treatment on an apparent shoulder injury after a collision with Forest defender Willy Boly.

    Ederson was seen with his arm in a sling after full-time at the City Ground.

    And Guardiola said: "It doesn't look good. We will see [on Monday] with the doctor." 

    Stefan Ortega again stepped up in Ederson's absence, with City's number two having performed well when called upon this campaign.

    Ortega has made seven Premier League appearances this season, making 16 saves from 22 shots on target faced, giving him a save percentage of 72.7.

    Ederson, meanwhile, has a save percentage of 67.1, keeping out 53 of the 79 attempts on target he has faced.

    Ortega has a slightly better goals prevented figure of 1.6 compared to Ederson's 1.0.

  • Recruitment crucial if Slot gets Liverpool job, warns Brands Recruitment crucial if Slot gets Liverpool job, warns Brands

    Arne Slot must only settle for the best in the transfer market if he succeeds Jurgen Klopp as Liverpool manager at the end of the season.

    That is the view of PSV president Marcel Brands, who has warned Slot against taking several Eredivisie players with him in comments which might be interpreted as a dig at Manchester United boss Erik ten Hag.

    Liverpool are reportedly close to reaching an agreement with Feyenoord to appoint Slot, who led the Rotterdam giants to just their second league title this century in 2022-23.

    Should Slot get the job, he will be taking over at what could be a time of great upheaval at Anfield. 

    Star forward Mohamed Salah could follow Klopp through the exit door as he enters the final 12 months of his contract, with renewed interest from the Saudi Pro League likely. 

    The Egyptian was involved in a public spat with Klopp during Saturday's 2-2 draw with West Ham and has only scored three Premier League goals since going to the Africa Cup of Nations in January.

    Asked how Slot should approach taking over during a time of transition, Brands told Goedemorgen Eredivisie: "Don't focus blindly on signing five Dutch players.

    "He has to look very carefully at what he needs with his style of football, and only settle for top players."

    Brands' comments come as Slot's fellow Dutchman Ten Hag continues to attract fierce criticism amid an underwhelming second campaign at Old Trafford, with Eredivisie recruits Antony, Tyrell Malacia and Lisandro Martinez having limited impacts this term.

    Brands has warned Slot the pressure awaiting him at Anfield will match that Ten Hag has faced at United, saying: "Slot will be working at one of the biggest clubs in England. 

    "You have to realise that. Liverpool have supporters from all over the world, and the pressure is always there. 

    "Just like Manchester United, they really are the biggest clubs in England, but it is a fantastic challenge."

© 2023 SportsMaxTV All Rights Reserved.