Football News: FC Barcelona wants €500 million to save the club

Barcelona Football Club the Spanish giants are on verge of becoming a dying dynasty as the problems are never-ending for FC Barcelona.

A few months back, Eight senior players left Barcelona to bring the club’s wage bill towards something roughly detain La Liga’s new rules on financial prudence.

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From the latest comments by Barcelona’s Vice president for finance, Eduard Romeu believes €500 million (£427 million) is needed to save the football club.

Barcelona also mentioned that the club will deny the CVC investment deal made by La Liga, calling it a “bad deal”.

Earlier it was reported, that Barcelona had terrible finances and are in debt of around €1 billion, and failed to offer Lionel Messi, arguably the greatest player on planet earth a new contract last summer transfer. Later on, the Barcelona legend went on to join Paris Saint-Germain on a free transfer.

In the latest transfer window, Barcelona agreed on deals with Franck Kessie and Andreas Christensen on a free transfer but yet failed to register them due to the salary cap.

“The number doing the most damage is asset imbalance,” Romeu told Spanish outlet Sport.

“The negative capital of €500 million.

“You could add €150m to that in losses this season if we didn’t do anything.

“I said it before, if someone wants give me €500 million… That is what we need to save Barca.”

Over the past year, first-team players Gerard Pique, Jordi Alba, and Sergio Busquets all accepted to lower their wages in order to allow the club to sign new players in adherence to La Liga’s salary cap rules.

After proposing the new CVC deal which will sell 10 percent shares directly to La Liga. meanwhile, most of the La Liga clubs have accepted the deal but Spanish two biggest clubs Barcelona and Real Madrid have not agreed with the current deal and filed legal action against the La Liga.

On refusing the CVC deal, Romeu added: “For us, despite all the pressure we have received and the Fair Play issue we always have to keep in mind, it’s a bad deal.

“From a financial point of view, it’s settled and I think the president (Joan Laporta) has been very clear.”