Barcelona president Joan Laporta reveals how the club are able to bring in new signings, despite their financial trouble
It raised questions amongst many as to how the club were able to afford to bring in the players, given their financial situation, with reports they are up to €1.173billion in debt.
The problem the Catalan giants have this summer is not signing players, but registering them, due to the nature of LaLiga’s spending rules which the club is currently in breach of. And Laporta has opened up on that situation, as he answered questions about the club’s – apparently easing – financial woes.
“What’s more, it needs to be said, the club is back to being sound economically, but we have to work harder to increase our earnings, not from selling shares but not by profiting through them.”
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