HomeSPORTS5 big football clubs facing financial problems

5 big football clubs facing financial problems

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The Kovid-19 pandemic blocked many sources of income for football clubs, and they struggled as a direct result. The last two years have seen a drop in revenue and the best clubs in Europe have felt the impact.

Clubs are starting to be very cautious about spending money in the transfer window, and for good reason. The fact is that before the pandemic began, the best clubs in Europe were poorly managed.

So it is safe to say that the pandemic did not create their financial problems, but rather aggravated them. As teams try to unload more revenue earners to balance their books, the astronomical values ​​that hit players are slowly starting to decline.

Without further ado, let’s take a look at the top five clubs in Europe currently facing financial problems.

# 5 Real Madrid

Chelsea v Real Madrid - UEFA Champions League Semi Final: Leg Twodetected They combined a debt of 901 million euros. The reconstruction of the Santiago Bernabeu was a major factor in Real’s financial problems.

But for now, there are no issues for Real Madrid like their short-term debt according to reports € 200 million at the ball park. It has also been reported Whites had asked its players to make a payment due to the pandemic.

They acted cautiously in the 2020 summer transfer window and sold players such as James Rodriguez, Achraf Hakimi, Sergio Reguilon and Oscar Rodriguez. They also hired Gareth Bale and Borja Mayoral.

Real Madrid are hoping to sign Kylian Mbappe in the summer. They also said goodbye to Sergio Ramos because they were not in a position to hand him a new lucrative contract. They could also sell Rafael Varane to Manchester United in the summer with a strong link with the French central defender.

However, Real Madrid have announced that they have closed the fiscal year 2020-21 with a profit of € 874,000 after taxes. Thus, they were selected in a short period of time and appear to have managed the effects of the Covid-19 pandemic very well.

# 4 Tottenham

Leicester City v Tottenham Hotspur - Premier League


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