Report: Barcelona’s economic problems deepen under Laporta

6 months ago 40
ARTICLE AD

Barcelona have been dealt with a huge blow ahead of the summer transfer window as the Vice President of the Economic Area, Eduard Romeu has resigned from the club.

Romeu previously tried to resign in the summer of 2023, as well, as he could not imagine the economic future of Barcelona clearly, nor did he like how things were managed in that regard internally by the board.

Romeu stepped in as an emergency VP for Barcelona, courtesy of his boss, President of Audax, who financed Joan Laporta’s endorsement worth €40 million, without which he would not have been able to stand in the elections.

Romeu had his suspicions for a while

RAC1 explain, though, that Romeu was not particularly happy about the composition of the Barcelona board. He felt that it was mostly made up of people who were especially loyal to the president.

He did, however, eventually adapt to the club and the board, but in recent times his ‘friction’ against Ferran Olive, the treasurer sparked a fair bit of power struggled internally in the department.

Despite his evident unhappiness about the composition of the Barcelona board, Romeu was a key figure for Barcelona in the current mandate.

He led the restructuring of the debt, with the initial funding €595 million funding from Goldman Sachs, and also in the negotiations for the ±€1.5 billion loan for Espai Barça and the Nou Camp Nou.

10th resignation under Laporta

Problems galore. (Photo by LLUIS GENE / AFP) (c)

Barcelona are now without one of the key members of the administration, the man who was leading the club out of the financial mess. With this exit, there have now been ten resignations under the Laporta tenure so far.

This includes Corporate Director, Maribel Melendez who also resigned from her post in the last fortnight, which is bound to cause an earthquake for Joan Laporta and co.

He must find a way out of this before the transfer window kicks off, otherwise his Barcelona tenure could officially be heading to a crash landing.

Read Entire Article