'We have a positive net worth': Laporta opens up on Barca's finances

'We have a positive net worth': Laporta opens up on Barca's finances

Many people are surprised why Barcelona continue to spend money in the transfer market while being in a precarious financial position. Here is what president Joan Laporta said on the matter.

"Right now, we have a positive net worth. In about a month, we have earned around €650m," he said.

"25% of the TV rights were sold, and that has added important revenue.

"Barcelona are on a path to being sound; financially the club are better with the money that's come in. We've been able to pay back €100m of the credit we had through Goldman Sachs."
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