Another Blow For Barcelona With Club Set to Be Fined for Financial Irregularities

Another Blow For Barcelona With Club Set to Be Fined for Financial Irregularities

Ero Samson
updated at May 11, 2023 at 1:41 PM
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  • Barcelona have been reportedly slapped with a hefty €15.7 million fine
  • The club reportedly failed to declare several expenses to tax authorities
  • The investigation into Barcelona began in 2019 and dates back to 2015

Barcelona are set to be hit with another major financial blow, with the Spanish tax authorities handing the club a hefty €15.7 million fine.

Spanish tax authorities are said to have come down heavily on the Catalan club after the treasury found them guilty of not accurately disclosing the compensation received by Alex Song (€3.5 mil) and Arda Turan (€1.3 mil) after their contracts were mutually terminated.

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FC Barcelona logo on a jersey. Image: Jakub Porzycki/NurPhoto
Source: Getty Images

Also, the La Liga giants have also allegedly been found in the wrong for not declaring the cost of loaning Audi vehicles to their players and costs incurred on chartered flights, according to Goal.

This represents a further blow to the club’s bank balance, with Barcelona trying to raise €200 mil this summer in order not to fall foul of their current wage limit and sustain their credibility, as the The Athletic reports.

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The new case is running concurrently with the Negreira case, which has seen investigations into allegations the club made payments to former vice-president of the Spanish referring body, Jose Maria Enriquez Negreira.

While this will further propagate claims that Barcelona have been breaking rules, current president, Joan Laporta will undoubtedly point to the fact that this occurred under his predecessor, Josep Maria Bartomeu.

What happens next with Barcelona?

Barcelona are yet to release an official statement regarding these alleged payment irregularities and it remains to be seen whether the club will challenge the investigation findings as they have done previouslyse decisions in the nearest future.

Barcelona challenge La Liga decision

Earlier, Sports Brief had reported that the rift between Barcelona and La Liga has reached new heights following the Catalan club’s decision to take the Spanish body to court.

Since the fallout of the European Super League, of which Barca were one of the key founders, there is continued animosity between the club and league chief, Javier Tebas.

According to Football Espana, Barcelona raised a case in a local commercial court against the Spanish league after being denied their privilege share from La Liga’s TV deal.

Authors
Ero Samson photo
Ero Samson
Samson Ero is a sports journalist with a track record of over five years in the Nigerian media industry. He graduated from Nigerian Institute of Journalism (2021-2023).
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