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The president of Barcelona, Joan Laporta, today announced the difficult financial situation of the club, describing the situation as very difficult.
- The negative value of the club's net assets is 451 million euros. The club spends 103% of the total income on salaries, which is about 20-25% more than our competitors, " the Spanish media quoted Laporta as saying. - The total debt of Barcelona is 1.35 billion euros. The financial condition of the club is very alarming, it is already dramatic.