“Even in worse financial shape than before” – Pundit criticizes Barcelona’s three-year reign

Journalist Quim Domenech has criticised the Barcelona management by saying that the club is in a worse financial shape’ even after three years of work.

Three years ago, Barcelona’s financial woes were a pressing issue, but the situation has only deteriorated since then. 

Despite numerous attempts to stabilise the club’s finances by selling assets and cutting costs, the Catalan giants find themselves in a worse financial shape than ever before. 

The predicament Barcelona face is not just a consequence of poor financial management; it has become a normalization of what should be an alarming situation for any football club, especially one with such a rich history and global following.

“Three years later and after selling several assets, Barça is in worse financial shape than before,” said Domenech on El Chiringuito TV.

“We have normalized something that is not normal,” he added.

A ticking time bomb?

It must be noted that the sale of assets, including the rights to future television revenues and portions of the club’s media production arm, was supposed to provide the necessary capital to offset the enormous debt accumulated over years of lavish spending. 

Barcelona’s financial situation has not improved in three years. (Photo by MANAURE QUINTERO/AFP via Getty Images)

Yet, these moves have not yielded the expected financial stability. Instead, they have put the club in a precarious position where future income streams are compromised, making it even harder to navigate the financial landscape in the long term.

Amidst all the drama, Barcelona have continued to make high-profile signings and pay hefty salaries, something that has now backfired. 

This is a dangerous path, as it creates an illusion of normalcy while the underlying financial health of the club remains dire. The club’s management appears to be in denial, acting as if things are under control when, in reality, they are far from it.

It is no secret that the recent financial decisions have created a ticking time bomb. The revenue generated from selling assets has been a temporary fix, masking deeper issues such as the inability to reduce the wage bill significantly or secure sustainable revenue streams. 

Ultimately, it can be said that this approach is unsustainable and could lead to even more severe financial consequences in the future.