| How do you get a loan for 50 million when you are 1.5 Billion in Debt 00:59 - Dec 30 with 1373 views | ClareBlue |
Barcelona have managed to get a bank loan to buy Ferran Torres for 50 million with addons
https://www.bbc.com/sport/football/59800149
despite being 1.5 billion in debt and insolvent
Football finance, you've got to love it |  | | |  |
| How do you get a loan for 50 million when you are 1.5 Billion in Debt on 01:48 - Dec 30 with 1307 views | Illinoisblue |
The same magic beans that enable Derby to carry on existing. Smoke, mirrors, shell companies and unpaid taxes. |  |
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| How do you get a loan for 50 million when you are 1.5 Billion in Debt on 08:21 - Dec 30 with 1089 views | Millsey |
Unbelievable 🤬🤬🤬 |  | | |
| How do you get a loan for 50 million when you are 1.5 Billion in Debt on 08:24 - Dec 30 with 1082 views | Keno |
There is an old adage
If you owe the bank £1,000 and can’t repay then you are in trouble
If you owe the bank £1billion and can’t repay then the bank is in trouble [Post edited 30 Dec 2021 8:24]
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| How do you get a loan for 50 million when you are 1.5 Billion in Debt on 08:26 - Dec 30 with 1077 views | Churchman |
I don’t think it matters how much Barcelona are in debt. They are Catalonia’s club and will always have money to do what they want. Smoke and mirrors. Same with Real Madrid. If they need it, the government bail them out with stunts like buying the training ground for millions then selling it back for a twix.
Things are very different in Spain and the politics behind these clubs are deep and uber fierce. Barcelona fought Franco and represent an area hostile to the Spanish government, Madrid were and are on the other side. |  | | |
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