Barca manage to relax some terms of their debt
The Catalans might be able to make a signing or two this summer
According to Bloomberg, Barcelona have managed to get the terms on their debt relaxed, allowing the club to breathe amid the economic crisis caused by the pandemic.
A European investment group and their 200 million euros will also allow the club to ‘remove limits on indebtedness and financial expenses’.
The club have been suffering especially without being able to raise money through ticket sales.
Barca have a net debt of around 488 million euros, while they registered around 100 million euros worth of losses last year. One of the reasons they wanted to take part in the European Super League was to help manage this problem.
Joan Laporta, elected president this year, may now be able to buy players in the summer transfer market.
