Barcelona got a new loan of 455 million euros, a refinancing of the previous debt of 140 and the possibility of asking for 70 more in the future if the club needed it, a sum of practically 600 million which becomes the last chance to reverse its struggling economy.
“It’s a ‘one shoot’, Barca will not be able to do another refinancing if they fail to turn their situation around with this operation. In the next two or three years the club are expected to reduce their debt to between 20 and 25% (of 1350 million euros). I do not see that there can be a second chance “, explains to EFE Marc Ciria, general manager of Diagonal Inversiones and expert of the economy of Barça.