Al-Khelaïfi’s warning about the “magical” cash flow from clubs like Barça

During the general assembly of the ECA (European Club Association) on Friday, the president of the body and of PSG Nasser Al-Khelaïfi issued a warning about the “magical” contributions of money. Without naming him, he is most likely Barça.

Without naming FC Barcelona, ​​which animated the transfer window thanks to its various economic levers (sales of TV rights and related companies), Nasser Al-Khelaïfi took advantage this Friday of a general meeting of the European Club Association (ECA ) to issue a warning about “magical” cash inflows.

“We have to be careful. Dangerous levels of debt and magical equity operations are not a sustainable path. We have to think long term, not short term,” warned the PSG president, who is also President of ECA.

A positive development

Before this little sentence, Nasser Al-Khelaïfi extolled the merits of the “new rules of financial viability” to come: “They constitute a positive development. These rules make it possible to control costs. They encourage investments and new investors. They contribute to ensure the sustainability of football”.

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After experiencing large debts, Barca were finally able to end the 2021-2022 season with 98 million euros in profit. This is notably due to the departure of several players, salary cuts and the sale of part of Barça Studios.

Greater profits to be expected

Sixth biggest spender of the summer on the transfer market, the Catalan club is no longer in the red despite the arrivals of Robert Lewandowski, Raphinha, Jules Koundé, Franck Kessié, Andreas Christensen, Hector Bellerin and Marcos Alonso. Barça however had to fight to the end to be able to register all these beautiful people with La Liga, but there was no fiasco.

During the same meeting, this Monday, the Catalan club’s board of directors also voted the budget for the 2022-2023 season. The Blaugrana received €1.255 billion in revenue and a profit of €274 million.

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