Tag: Technically bankrupt

  • We were ‘technically bankrupt’ in March – Barcelona CEO

    We were ‘technically bankrupt’ in March – Barcelona CEO

    Barcelona chief executive Ferran Reverter said Wednesday the club was “technically bankrupt” when Joan Laporta took over as president in March, and would have been “dissolved” if it was a public limited company. The Spanish giant’s financial woes were laid bare in August when they were forced to allow Lionel Messi to join Paris Saint-Germain…