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Barcelona on the Verge of Bankruptcy

Fri 06 November 2020 | 11:30

The Catalonian club may be on their way to bankruptcy if they don’t deal with their financial matters soon.

According to recent reports the LaLiga giants

Barcelona

may face bankruptcy if they don’t come to an agreement with their players and staff. The Spanish club who had until Thursday to convince their employees to agree on reducing thirty percent of their wages failed to find a solution for the problem.

The club who extended some of their players’ contracts recently was able to reach an agreement with them to reduce their salary with the promise that it will be increased once this problem had passed. So far the team has doubled their debts since their 2019-20 campaign and to deal with any upcoming risks they need to find a solution for their problems very soon.

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source: SportMob