@s4tch No clue about the EBITDA and other figures yet. I’m waiting for the Swiss ramble breakdown
Amortization, deferrals all catch up at some point though since it’s just delaying. Compounded by poor financial decisions, lack of income, etc. the way we target players and structure BNPL deals with clubs are flotation devices to prevent the the inevitable drowning in the ocean of debt.
Bottom line is that the club spends more than it earns. Borrows more than it can repay. It just doesn’t generate enough revenue to keep the lights on. It’s Barca with one incompetent person in charge.