$5 Billion Worth Spanish Soccer Giants Could Face Relegation if Found Guilty of Various Financial Breaches

The soccer world was shocked yesterday. Camp Nou is in big trouble and what used to be a glorious club is having big trouble being a ghost of its past self. The ongoing economic crisis wasn’t enough. The five-time UEFA Champions might face relegation. Ever since Messi had to call it quits for Barcelona, they haven’t seen much success. Although they are doing more than fine in La Liga winning 18 of the 21 matches and losing just 1, fans wonder how long will this no. 1 placement last for the Spanish Club.

Lionel Messi had to leave Camp Nou with tears in his eyes as it rendered the Spanish club unable to afford the huge contract Messi demanded. He agrees to an unbelievable pay cut. But having a debt of 1.44 billion USD took a huge toll on the club’s ability to pay wages. The club looked like the ghost of its former self ever since then.

Soccer giants are facing relegation threats

Yesterday, Cadena SER reported big financial wrongdoing and shocked the soccer universe. They reported that the Spanish giants Barcelona had made huge payments to the then president of the technical committee of referees. They made the alleged payments during the phase Josep Maria Bartomeu was the president of the club.

Josep Bartomeu, who is already facing corruption allegations from 2020, denied any wrongdoings in the payment. He stated that the payments were 100% legitimate and were active since 2003. They had to halt the payments when the economic crisis hit the Spanish club. The reports are of 1.4 million USD paid between 2016 and 2018. Enriquez Negreira stressed in his statement that there was no favoritism for Barcelona on the soccer pitch.

Read More: PSG Superstar Lionel Messi Grants Canada’s FIFA World Cup Hero’s Big Wish After Champions League Defeat

The matter has reached the prosecutor’s office, and an investigation is incoming. If found guilty, this could lead to some serious hot water landings for the Spanish giants, although it appears that Barcelona is ready to fight back.

A statement of Confidence

Barcelona questioned the timing and purpose of what they are referring to as false accusations. The Catalan club has released a huge statement. Mainly, they tried to explain the legitimacy of the payments and offer a serious stance on the accusations.

Watch this story: “Goodbye to the Eternal King Pele” – Usain Bolt Joins David Beckham, Cristiano Ronaldo, and Soccer World in Mourning the Saddening Loss of Goat Pele

In their statement Barcelona said, “… That in the past Barcelona contracted the services of an external technical consultant, who provided, in video form, technical reports referring to players from the youth categories of the Spanish state for the club’s technical secretary. Barcelona will take legal action against those who damage the club’s image with possible insinuations contrary to the reputation of the institution which could be produced based on this information.”

This statement represents the stance Barcelona will take in the investigation. How will this turn out, can only be seen in times to come. What are your thoughts on the current state of Barca?