The highest European body, according to ‘Telegraph’, has warned both clubs that this type of income will not count in the financial ‘Fair Play’
It is a measure that adds pressure to both entities, especially to a Barça that continues juggling financially to be able to register players.
Call attention to the issue of levers. As reported by the ‘Telegraph’, UEFA would have warned FC Barcelona and Real Madrid that this type of income will not be taken into account for the ‘Fair Play’ financial. That does not agree with these practices, go.
It is a measure that, without a doubt, adds pressure (more if possible) to a Barça club that has been conjecturing and juggling so that the numbers add up and to be able to register renewals and new signings.
And, in some way, it perhaps explains why Real Madrid is experiencing such an austere summer market. Beyond the million-dollar hiring of Bellingham, of course.
Florentino and Laporta, in a file image
| SPORT
UEFA, always according to ‘Telegraph’, has treated as debt the sale by Barcelona of a series of future sources of income for around 700 million euros last summer. The same was true of Real Madrid’s sale of future proceeds from the redeveloped Bernabéu for 360 million euros to American investor Sixth Street last summer.
THEY PRESENTED IT TO THEIR PARTNERS AS PROFITS
In the financial results of both clubs published for the benefit of their members, who are the ultimate owners of the clubs, such advance cash payments in exchange for a share of future profits have been presented as profit.
It should be remembered that UEFA announced on Friday that it would fine Barcelona 500,000 euros for its last presentation of the Financial Fair Play.