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FC Barcelona: Spanish professional football club announces debt of over $1.6 billion

Spanish professional football club FC Barcelona is in a debt of $1.6 billion, the club’s president revealed, describing the situation as “very worrying”. The club’s wage bill currently accounts for 103% of total income. Barcelona president Laporta blames predecessor Josep Maria Bartomeu for the debt, accusing him of leaving a “terrible inheritance”. Extending Lionel Messi’s […]