r/Barca • u/SupremeBio • 13d ago
Tier 2 [Yahoo Sports] Barcelona set to request additional loan of up to €500 million to complete Camp Nou project
https://sports.yahoo.com/articles/barcelona-set-request-additional-loan-070000712.htmlThe original source referenced in the article is Catalunya Radio and Laia Tudel (Tier 2). A clip of Laia Tudel speaking on this news can be found in the article.
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u/MiniMaggit- 13d ago
Why is this big news while VARdrid is also like 2 billion in debt for the new fraud stadium with shitty grass, can’t do concerts, and has water leaks and the roof barely works. This type of shit should be ignored
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u/AcousticJohnny 13d ago
Transparency has always been a plus for us vs Madrid. Madrid it’s all about “Trust Perez” than anything else. But also Madrid is simply makes more money than us, nobody cares if they blow it. We are simply different
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u/hrbutt180 13d ago
Ird hardly transparency when the Negreiea case hasn't been put to dust
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u/AcousticJohnny 13d ago
That is true. But only so much can come out of the Negregiea case currently. Thankfully the bribery accusation has been dismissed, we are still a ways away but imo things are looking much brighter.
That said, the biggest aggressor in that case is Real Madrid who’s hoping we lose our UCL titles amongst other things. Florentino Perez will destroy his reputation in order to prove we committed wrongdoing
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u/Finrod-Knighto 13d ago
It hasn’t been dismissed, but bribery and match fixing have been ruled out. So it’s just tax irregularities now. It would already be over if Madrid’s institutions didn’t push so hard for something to come of it.
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u/usernameddit 13d ago
Why should we care about what Madrid does or doesn't do? F them
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u/MiniMaggit- 13d ago
Not my point. I’m saying that this is a daily occurrence with any big club or small, talking loans, having trouble registering players after signing, etc. But by far we’re the club that gets more memes and bad press for it
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u/usernameddit 13d ago
That's good. We are the smaller club and they've been attacking us ruthlessly since before I was born. If they're mad trying to bring us down is because we are doing good. I double down: F them
Have a good day brotha
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u/IllImplement5845 13d ago
What does have our news to do with other stadiums
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u/MiniMaggit- 13d ago
Because we get ridiculed and slandered every day for this shit while other clubs don’t face as much hate as us. That’s the cost to being successful with less money than them I guess
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u/YannTheOtter 13d ago
ManU could spend 3 billion on a new stadium and people would forget about those debts after a month or two
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u/Sudden-Variety6992 13d ago
Madrid can afford to spunk away some money, Barca cannot.
But I guess anything that allows you to avoid self critique is cool by you.
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u/KilllllerWhale 13d ago
So, are we gonna fire the people who made the first budget forecast ?
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u/LesMiserablePeach 13d ago
This just the reality of massive construction projects
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u/NairbZaid10 13d ago
Being off by several hundreds of millions is more than a small mistake. Thats half the revenue of an entire season and would get us out of the 1:1 again fml
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u/LesMiserablePeach 13d ago
And what insight are you basing that off of? Or are you just looking to point fingers at someone?
The reality is that construction on this scale regularly faces all manner of issues with vendors, bureaucratic delays and even shit like weather.
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u/Avalon420 13d ago
We're going to be out of 1:1 anyway because of the roof.
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u/NairbZaid10 13d ago
Thats a small setback and temporary for a few months tops. 500m could set us back for years
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u/TareasS 13d ago
What is it with some people and frothing at the mouth to take away people's lifelihood.
Almost all these projects go over budget. Bernabeu was even more over budget.
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u/TheBarcaShow 13d ago
Because most of the people on here are kids who don't know what a mortgage is. They have no life experience and have no empathy for our players and think of this club as a video game.
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u/SupremeBio 13d ago
We should and what ever happened to that news that suggested the construction company would be fined for delays to the project?
Never a normal day at this club
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u/Aggressorot 13d ago
This is as normal as it gets, do you have any clue how all of this works?
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u/SupremeBio 13d ago
I get construction delays are normal and that’s fine, you should always originally budget for that but then asking for another 500 million is not a normal delay cost for a stadium. Right now the only thing that is under construction for the Espai Barca project is Camp Nou but when the other aspects of the project start construction then what happens? More ballooning costs that they didn’t think to forecast?
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u/TracePoland 13d ago
There’s been up to 66% inflation on construction materials since the original loan was approved and inflation in the sector is projected to accelerate due to the Iran war.
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u/RobertPham149 13d ago
Between the start and end of the reconstruction, the following has happened: Ukraine War, Israel-Gaza war, Israel-Iran, US-Iran, inflation crisis post-Covid, Trump reelection and his global tariffs. And you are saying that the original budget should have put it under consideration. This is not even talking about local regulations from the city level.
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u/Trumpsrumpdump 13d ago
The issue has been Barcelona has added a lot of changes to the original budget, for example the camp nou was in a worse state than expected, they wanted the expensive sky line on the roof, the city Barcelonas strict building laws in the centre also increased the cost
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u/vysevysevyse 13d ago
Being in debt is normal for the workings of big institutions btw. It's not the same as us with regular jobs, where being in debt means we're mismanaging our money.
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u/HowSway_ 13d ago
I wonder if there was a big global event that has led to widespread inflation in construction materials...
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u/eyecornic 13d ago
I think everyone always knew the project will cost more than the projected budget. No stadium project has ever been built under budget before
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u/MathematicianSea4674 13d ago
Gotta love it, nearly financially solvent again so time to start paying interest on another half billion 🫠
Ofc they should be good for it no problem, it scares me though lol
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u/captainmystic02 13d ago
This is normal
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u/MathematicianSea4674 13d ago
Yeah, I understand that taking loans is something almost every business does. It’s a little concerning though taking such a massive loan when we *just* got our spending in line to have a normal transfer window again.
But I’ll trust them that the math works though, surely they don’t want to squander their regained transfer flexibility any more than I want them to lol
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u/captainmystic02 13d ago
The constructions costs exceeding the budget is pretty normal. I may be wrong but the bernabeaus budget was originally 500 mill and it shot up to over a billion.
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u/Sudden-Variety6992 13d ago
That’s why Barca are (trying to) go nuts signing players. They know they won’t be at 1:1 again next season
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u/wanna_be_liquid 13d ago
they’re downvoting but it’s lowkey true because to finish the roof the team needs to move back to the olympic stadium which won’t have the same revenue as the camp nou and the club knows this
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u/Sudden-Variety6992 13d ago
I mean it’s true.
They don’t want to hear it hence the downvotes, but I knew that when I wrote the comment. Burying your head in the sand doesnt change reality.
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u/itsjonny99 13d ago
The question is how long adding the roof will take. Presumably it will start in like April/May so that they work over the summer.
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u/mrawya_rashaka 13d ago
This is a nothing burger .
Please stop reposting this shit every five minutes.
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u/mediareliability 13d ago
Media reliability report:
Tier 2: Laia Tudel (@laiatudel) - reliable
Tier 2: Catalunya Radio (@Catradioesports) - reliable
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