La Liga chief Tebas downplays Barcelona financial situation as “not alarming”

Recent Barcelona news has focused on the club’s alarming financial situation but La Liga boss Javier Tebas has played down the concerns over their situation.

A recent report in El Mundo outlined the club’s alarming financial situation as they are now over €1billion in debt with €730m of that due in the short-term.

However, Tebas was keen to shift the focus onto the fact that the club topped the Deloitte Football Money League for 2021 with Real Madrid the club closest in terms of earnings.

La Liga president Javier Tebas

Read more: Barcelona and Real Madrid top 2021 Football Money League

Tebas is cited as saying by Cadena Ser: “There is much talk of Barcelona but Deloitte have said that they are the team with €730m which is the most in the world and when they return to exceed €1,000m in income they will return to a situation, not normal, but one that is not alarming as they say.”

The league chief continued that the situation at Barcelona which was concerning him the most was not their economic outlook, but the issue surrounding their presidential elections.

Barcelona president candidates

The elections had originally been scheduled for 24 January but have now been rescheduled to 7 March – with Tebas outlining the importance of getting a permanent board in place as soon as possible.

Read more: Barcelona confirm new date for presidential elections

Tebas added: “I am more concerned about their institutional problem, that they have a president as soon as possible so that important decisions at an economic level are taken as soon as possible. Some will be liked by the fans and others not, but they are decisions that must be taken as soon as possible.”

Carlos Tusquets is the current interim president of the Blaugrana but elections must be held to replace Josep Maria Bartomeu, who resigned in October following five years at the helm.

Joan LaportaVictor Font and Toni Freixa are all on the final ballot for the elections in a crucial vote which will go a long way to determining the future approach from the club.

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La Liga - Club News