Barcelona is facing the prospect of being expelled from the Champions League for financial irregularities, according to Welt.
The Welt newspaper reports that the European Union of Football Associations (UEFA) is investigating the Catalan club’s finances and could sanction it for violating financial fair play (FFP) rules.
According to Welt, UEFA has already fined Barcelona €500,000 in the summer for incorrectly declaring profits from the sale of intangible assets. The association’s financial control body concluded that the club had inflated its accounts to comply with FFP regulations.
Barcelona’s accounts are still in deficit and the club has significant debts. Welt claims that experts in the case believe that the club’s balance sheets are unsustainable.
Barcelona president Joan Laporta has little time to justify the club’s financial situation. UEFA must make its decision by March 31, 2024.
If Barcelona is expelled from the Champions League, it would be a disaster for the club. The Catalan club has won the Champions League five times and is one of the most popular clubs in the world.
The expulsion from the Champions League would also have a negative impact on Spanish football. La Liga is the second richest league in Europe and the absence of Barcelona in the Champions League would deprive it of one of its most prestigious clubs.
The situation at Barcelona is worrying. The Catalan club must quickly find a solution to its finances, otherwise it could face even more severe sanctions.
The expulsion from the Champions League would be a major blow to FC Barcelona. The Catalan club would not only lose a major source of revenue, but it would also be deprived of the opportunity to compete in the most prestigious competition in European football.
The expulsion of Barcelona from the Champions League would also have a negative impact on Spanish football. La Liga is a competitive and attractive league, but the absence of Barcelona from the Champions League would deprive it of one of its most prestigious clubs.
The situation at Barcelona is worrying. The Catalan club must quickly find a solution to its finances, otherwise it could be faced with even more severe sanctions.