Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Barcelona's loss to Man United, early exit from Europa League sees club's financial plans brutally backfire

Barcelona's loss to Man United, early exit from Europa League sees club's financial plans brutally backfire

CBSN
Friday, February 24, 2023 11:07:41 AM UTC

The Spanish club have had to get creative to assemble such a squad, but it hasn't met expectations internationally

If there was an argument in favor of Barcelona's remarkable approach to their long-term financial security this summer -- selling off more than €600 million in assets to fund new signings for Xavi's squad -- it existed in the European sphere. Returning president Joan Laporta had seen firsthand the "virtuous circle" whereby onfield success drove greater interest and revenues, allowing the squad to be strengthened yet further and ultimately for Barcelona to entrench themselves at the top of European football.

Get Robert Lewandowski, Jules Kounde, Raphinha and so many others, the logic went, and there would be a team that was ready to compete with the best in Europe. Eyeballs and sponsors would follow, they might be short 25 percent of their domestic television revenue for the next 25 years but if broadcasting figures were swelling anyway because Barcelona were the team to watch then it was a gamble worth taking. To do so, however, would require a team who could at least be mentioned in similar breath to their forbearers, maybe not quite up to the standard of the Dream Team or the MSN front three of Lionel Messi, Luis Suarez and Neymar, but one that was at least still in the Champions League at the business end of the tournament.

Instead, Barcelona depart continental football alongside Midtjylland, Salzburg and Nantes, crashing out of the Europa League at the first knockout round after Fred and Antony delivered second-half hammer blows to Xavi's side. Being knocked out of the Champions League at the group stage had already blown a €20 million hole in the club finances, now there is not even a deep run in the second-tier competition to plug some of those gaps. A €158m spending spree was supposed to bring back the good times to the Camp Nou Spotify Camp Nou. It seems a heavy price to pay to thrash Viktoria Plzen twice.

Read full story on CBSN
Share this story on:-
More Related News
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us