Camp Nou chief says Fc Barcelona needs €500 million to overcome financial turmoil

Romeu warns of Barça wage bill nearly doubling that of Bayern

Barcelona vice president Eduard Romeu feels the team needs €500 million (£427 million) to get out of their current situation.

The Blaugrana are severely cash-strapped, to the point that they are unable to register two new signings due to a lack of finances.

Although free transfers for AC Milan midfielder and Chelsea defender Andreas Christensen have already been completed, the club’s debt has surpassed €1 billion.

Prominent players like as Sergio Busquets, Jordi Alba, and Gerard Pique were forced to take wage cuts in order to meet La Liga’s salary limit requirements, while others such as Antoine Griezmann, Emerson Royal, Junior Firpo, and Miralem Pjanic were offloaded in a bid to balance the books.

Romeu has spoken out about Barcelona’s financial position, claiming that half a billion euros are required to put them back in the black.

In October 2021, it was reported that Barcelona still owed £98 million in transfer fees for four players, after previously paid €8 million to a scout located in South America.

A lucrative four-year €280 million sponsorship contract with music streaming giants Spotify will begin in July, and will involve the Swedish company’s emblem adorning jerseys and training gear, as well as the renaming of Barcelona’s famous Camp Nou to the ‘Spotify Camp Nou.’

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