Image via WikipediaLoans and asset sales are standard procedure for an firm in financial difficulty. But for a soccer team? And Barcelona no less.
Cash-strapped Barcelona forced to take out £125m loan to pay superstar players | Mail Online: "
New Barcelona president Sandro Rosell last night revealed the club will need a loan to pay their players at the end of the month."
and from the BleacherReporter:
"Barcelona recently sold defender Dmitro Chygrynskiy to Shakhtar Donetsk for around £12.5 million. This was to help raise much-needed funds, even though they were keen to keep him at the club.
They also sold Yaya Toure to Manchester City for about £20 million.
Rosell tried to reassure the fans by saying the club's money was under control. "The banks know that we have a business plan that will allow them to recover."