Study on the Financial Problems of the "Star Line up" of the FC Barcelona
DOI:
https://doi.org/10.54691/bcpbm.v34i.3022Keywords:
Defensive strategy; Organizational transformation; Procedural decision.Abstract
With the gradual improvement of various industrial systems, football keeps pace with the times as the world’s most popular sport. However, European giants Barcelona has been on a downward financial spiral since 2017. Signings with hefty transfer fees, salaries exceeding advance payments, and the COVID-19 pandemic in 2019 nearly bankrupted the club several times. In this paper, I will discuss exactly where FC Barcelona's financial crisis came from and how it can be resolved. By comparing the salary distribution, total annual assets, total annual income, and the annual total debt of FC Barcelona from 2017/2018 to 2020-2021 epidemic, I finally came to the answer that the club officials need to make the maximum effort to raise money and reduce expenditure from the aspects of technology, personnel, products and services and start organizational reform.
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