The path of "no return" for Barça if it becomes a SAD

The change of model has been on the table of the FC Barcelona since it began the deep economic crisis that has conditioned to the club, does a few years. The diverse options have rondado in the surroundings of the surroundings barcelonista and the possibility to become a Sportive Anonymous Society (SAD), as the majority of clubs of Spain, and that exist an extra road to generate income and, of some way, give a break to the 'tightened' accounts blaugrana. The idea, in any case, always has been refused because the intention is that it keep on being of the partners.

The debate always has been on the table and will follow being while the club cross by a delicate financial situation. They are the detractores and those who would support a road for sanear the club, by what the discussion always will exist. The true is that, recently, the prestigious financial and partner of the FC Barcelona, Marc Ciria, has spoken in 'SPORT' of the advantages, disadvantages, problems and tarpaulin that could find the club turning into a SAD, to have a wider vision of the panorama to the that would confront the Barcelona.

Change to SAD, real possibility for the Barça?

It would be an unpublished stage for a club that, in 2024, fulfils 125 years from his foundation. "To economic level will be an absolute strategic error and unprecedented and that will not have course backwards, is a way of no return in a club with 125 years of history", explaining that the Barça finds in a moment of vulnerability -in which they arrive companies and bottoms interested- because the current situation is complicated and dangerous: With the own resources of the club and regular income does not reach and of there that it went necessary the sale of heritage.

"We are in one of the worst economic moments of the club, with an operative deficit closely of 300 million euros and a global debt and financial obligations higher that never. The generation of resources does not arrive to cover these needs, from here that you have to sell active and heritage. And this the negotiator also knows it", explained. This will cause that the offer was to the drop, in case that suceda. "The value will be to the drop and see you forced to a sale underneath of the value that had proposed you. This is the first that would happen today in the Barça if it went in a buyer".

Offer to the drop and model for the Barça

It is thus that thinks that, in case that the club gave the definite step, the price would be very inferior to the that presupposed, for example, Forbes regarding the real value of the Barcelona entity: "we would obtain less than the value that could accredit Forbes, a figure that would go on the 4.500 million euros and that would not be the price of a current sale".

In this case, Ciria has stood out on the suitability of the model that would adopt the Barça: "it does not work. It is the City, that is not only a club, but a company that has several companies and clubs. There is a strategic plan. The another model, totally antagónico, is the PSG, that the only that it wants to is to buy titles". Further of these two clubs, the economist explains that "the rest of examples are financial operations of clubs that have an equal or worse situation that before turning into SAD and that, casually, all have disiminuido his competitive capacity".

It has given several examples: "we Can speak from the Milan, that in the last twenty years has gone through three distinct properties, the Manchester United, that do not see it by Europe and where the investors have devoted to deliver dividends and to fatten the debt of the club, or cases nearer like Valencia, the Mallorca...", convinced that "the conversion to SAD does not ensure you a better management, but, this sure, always will be the interest of the investor".