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Barcelona will weather European credit crisis - club
The European credit crisis will have an impact on Barcelona but the club will weather the storm, a top official at the Catalan club said Monday.
MADRID (AFP) - The European credit crisis will have an impact on Barcelona but the club will weather the storm, a top official at the Catalan club said Monday.
Joan Boix confirmed that certain sectors of Barcelona's business would be affected but added that it "was all under control."
Televison rights with Mediapro and a Nike sponsorship deal were assured, said Boix.
He added that the club would be finished paying off a debt-restructuring loan at the end of the month, saying their overall debt now stood at 190 million euros.
Spain's other big footballing name, Real Madrid, on Friday said they were financially stable.
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