Barcelona's Debt Soars to 1.35 Billion Euro

Financial Woes Plague Spanish Football Giant

Barcelona's financial crisis has taken a turn for the worse, with the club's debt rising to an alarming 1.35 billion euro ($1.5 billion), according to club president Joan Laporta.

Speaking at a news conference, Laporta revealed that the club's net debt had increased from 680 million euro on June 30, 2021, to a staggering 1.35 billion euro as of March 2023.

This staggering debt burden has raised concerns about the future of the once-great club. Barcelona has struggled to compete with Europe's elite clubs in recent years, both on and off the field.

Laporta has vowed to take action to address the club's financial woes, but it remains to be seen if he can find a way to turn around Barcelona's fortunes.