The FC Barcelona Assembly, in detail: What have the partners approved?

The FC Barcelona has completed his General Assembly of Compromisarios that had to have taken place does a year but that could not carry out by the sanitary restrictions after the irruption of the Covid-19. Joan Laporta and company have reencontrado with the partners and have exposed the reality of the club, starred by the alarming figures of losses in the last two exercises.

In the meeting, celebrated in the Camp Nou during this Sunday, have approved several key points and have debated other so many. It was, without place to doubts, a day complicated in which Laporta and his team of directors had to give the face by a complicated situation (that they have inherited) and 'esperanzar' to the partners with that can revertir, although for the moment it sounds very complicated by all the accounts, that are in red. However, the important has been that the partners (and all the world) have known the current reality of the club and already there is free road so that it begin the 'was Laporta' in the Barça, for the second time. To continuation, review all the key points, debates and votes:

Accounts of the 19-20 and budget of the 20-21

For the Barça the most important mission during the day was 'close' the cycle of Josep María Bartomeu and approve the accounts of the season 2019-2020 and the budget of the 2020-2021 so that the new managerial had free road to begin, in some way, his functions. The attendant to carry these two points was Jordi Moix, ex economic vice-president, the one who took out to the light the big losses of the culés.

The accounts of the 19-20 were approved with 616 votes in favour, 68 in white and 67 against. Moix Explained, between other things, that "the budget approved two years ago surpassed the 1.000 millions in income and generated profits of 10 or 11 millions, but the reality is that with the fall caused by the coronavirus caused losses of 97 'kilos'". Like this then , the blaugrana closed the exercise con income of 855 million euros, 18% less than the presupuestado.

Regarding the budget of the season 2020-21, was approved with 578 in favour and 71 against. Moix Left clear that it was the worst year for the Barça and the losses will be even more alarming, by the closing of the stadium, museum, between other reasons. However, it will be necessary to expect to that it finish the economic audit to know the magnitude of the crisis, although already it boasts that they will be of 300 million euros.

Proposal of refinance

The partners have approved (588 votes in favour) a credit with the bottom investor Goldman Sachs by 525 million euros. For ete point, has been Eduard Romeu, economic vice-president of the Barça, the one who has desglosado to the presents the details of the operation. It has desvelado, besides, that have asked a "loan bridge" of 80 'kilos' to be able to do the corresponding payments of June and July (57 millions for sportive wages).

"We happen of a clean financial debt to June of 2018 of 159 million euros to 673 in March of 2021"

Romeu Has begun explaining that "we happen of a clean financial debt to June of 2018 of 159 million euros to 673 in March of 2021. It gives us a decalaje, adding the impact covid, of 492. We have detected a debt that goes of the 673 to 1041 millions and, probably will finish with a higher figure. There are 161 millions are wages, 38 of the abonos of the stadium... And we go adding until knowing the number that will give to half of July".

Of there, it arose the credit of Goldman Sachs. "We ask permission for relation operations to fund 525 millions. It proposes with one and diverse operators. This credit will formalise through Goldman Sachs and the aim is to formalise it in August", explained. Will have a maximum price of 3% with term of until 15 years.

On the loan of 80 millions, aimed that they are to face the immediate payments (of 160 'kilos' in total). "We did not have tesorería for these 160 millions and have had to make this operation", highlighted.

Ratification of the directors

For complir with the article 20.10 of the Statutes of the club, the the Ordinary General Assembly and Extraordinary of the FC Barcelona has ratified like directors to Eduard Romeu, Àngel Ruidalbas and Joan Soler. They have had a total of 680 in favour, 7 against and 31 in white. Like this then , they are 19 directors that officially form part of the board blaugrana.

To his time, has given the 'OK' to the Economic Commission, chaired by Jaume Guardiola, with 670 votes in favour, 9 against and 26 in white, ratifying besides to the members: Jaume Guardiola Romojaro, Joan B. Houses, Jaume Carrasco Nualart, Júlia Bosch Jou, Carme Hortalà Vallvé and Eduard Romeu Barceló.

The 'continuity' of the Barça in the Superliga

Joan Laporta confirmed that it still would not vote by the participation of the FC Barcelona in the Superliga European and defended the posture of the club to be still in the project led by Florentino Pérez, commanding a 'dart' to the UEFA. The mandator has expressed that "go on", said remembering that "the UEFA has backed and has withdrawn the disciplinary file allowing that we play the Champions; have the reason".

The president added that "organise a competition of the base of these clubs was to think it. There was finance? Yes, a financial entity had deposited 3.500 millions for an attractive and feasible project. And it arrived in a moment in that it guaranteeed 700 millions by season more the variable. We would not want to commit the historical error of not competing in the Glass of Europe to be still in the Glass of Fairs and afterwards our direct rival already had a few", underlined.