FC Barcelona’s long road back to financial stability
After years of lavish spending, collapsing revenues and an urgent need to rebuild Europe’s largest stadium, FC Barcelona found itself pushed to the edge of financial ruin in 2021. The club has since spent four difficult seasons unwinding expensive contracts, selling parts of its future income and relying on heavy borrowing to keep its sporting project alive. This article explains how Barcelona fell so far, why the recovery has been so complicated, and what the next decade is likely going to look like.
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