Javier Tebas has revealed that the reason behind Barcelona’s current financial problems lies in their past reckless management.
La Liga president Javier Tebas has admitted he is concerned about Barcelona’s financial situation but is backing the Azulgrana team to find a solution, according to a report from ‘UFABET’ last Monday.
Barcelona has been at risk since before the COVID-19 outbreak. Due to mismanagement, overspending, both investing in players and paying large wages during the era of Josep Maria Bartomeu, the previous president of the club, even Joan Laporta Will try to solve the problem from the moment he takes the chair of the club president. But the situation has not improved much, with Tebas stating that the Azulgrana team still has big problems that need to be resolved. ทางเข้า ufabet https://ufabet999.app
‘It worries me,’ Tebas said of Barcelona’s financial situation. ‘But it doesn’t worry me. Because I know the club has mechanisms in place to get out of the status quo.’
‘Barca will have to adapt and look at what options are best to find a solution. Some may be more aggressive and less popular. Some are less than that. And it will be leadership that will decide what is best for the future of the institution.’
Tebas further explained the reasons behind Barcelona’s current financial crisis, saying: ‘Barcelona has always had a habit of using the salary cap set by La Liga when the pandemic arrived. Income has dropped significantly But the salary remains the same. And the contracts are for multiple years because of amortization issues.’
‘The result is that costs are not adjusted to the reduced income. Other clubs do it. Yes, Real Madrid, for example, never reach the salary cap they can achieve. They are more cautious and that gives them room to control the situation when a crisis occurs.’