Barcelona have a debt problem, per their official financials. Liverpool aren’t affected, however – despite the appearance of a real issue.
Barcelona released their annual financial assessment this week. Their 2019/20 campaign doesn’t make for good reading, either.
And not just for the Catalonians. The club owes a lot of money to various clubs, with one standing out, in particular.
The report states they owe around £35m to Liverpool for Coutinho. That’s a sizeable amount – but all isn’t what it first seems.
There’s a line at the end of the section that explains how Liverpool worked with a financial company to secure their funds. In other words, Liverpool have received all of the money and Barcelona owe it to the financial institution the Reds worked with.
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The Liverpool Echo interviewed an expert on deals like this. Apparently, this type of thing is common with certain deals.
Liverpool sell the debt elsewhere, securing their funds and not having to worry about the buying club’s financial capabilities.
It’s certainly smart. In fact, it comes across as incredibly smart, given Barcelona owe so much money to so many clubs.
It appears that the Reds wouldn’t have all of their money if they’d tried to secure it all from Barcelona – that’s what other clubs are experiencing.
But the real story here is that Liverpool – and its fans – having nothing to worry about. The club received everything it was owed for the Coutinho deal.
The Echo had previously claimed that they’d even received every possible bonus in the deal, in fact.
That’s a deal that will go down as, arguably, the greatest sale in Liverpool’s history, of course. The Reds received a British-record fee before using the money to secure the spine of a World Champions team.
And with assurances over the debt, we can all go back to viewing it as nothing but an overwhelming positive.