Barcelona president Joan Laporta has once again hit out at predecessor Josep Maria Bartomeu after revealing the LaLiga club's debt has risen to €1.35billion.
The Catalan giants' financial problems have been well documented since it emerged in January that their total debt had exceeded the €1.1bn mark.
Barca's money issues have led to the shock departure of Lionel Messi on a free transfer, while Gerard Pique has accepted a substantial pay cut and fellow captains Sergio Busquets, Jordi Alba and Sergi Roberto are set to follow suit.
But years of what Laporta described as mismanagement by the previous board have caught up with Barca, as he laid out the true scale of their debt on Monday - including some remarkable allegations.
"When we took over we asked for a bridge loan of €80m, granted by Goldman Sachs because we would not have been able to pay the salaries of players and employees," he said.
"The previous board had received an advance of €79m relating to 50 per cent of LaLiga's television rights and the banks charged it at nine per cent interest.
"The reduction of wages by the previous board was not real. We have found those millions in different types of bonuses and variables included in the new contracts.
"We have found disproportionate payments to intermediaries, not agents, a transfer that cost €40m and for a purchase premium we paid €8m and a sale premium of €2m.
"A person was also paid €8m to find players in South America."
Laporta called a news conference to respond to an open letter issued by Bartomeu on Friday which effectively pointed the finger of blame for Messi's exit at the current incumbent.
Breaking down the letter into what he alleges are eight different lies, Laporta said: "It obeys an effort to justify management that is unjustifiable.
"It is an exercise in despair. We have a salary bill that represents 103 per cent of the club's total income. It represents 20-25 per cent more than our competitors.
"No one is going to escape from those responsibilities. The economic situation is worrying and the financial situation is dramatic.
"Barcelona has a net worth of minus €451m and a debt of €1.35bn."
In his lengthy letter, Bartomeu – who stepped down as Barca chief in October 2020 after nearly seven years in the role – questioned why Barca reached an out-of-court settlement with former player Neymar over money owed.
"He talks about Neymar," Laporta said. "He says that we have forgone €16.7m. That's another lie, it is not true. And you could remind Bartomeu of the damage that the Neymar case did to the image of Barca. Because it was an infinity of lies.
"When he sold Neymar for €222m, they had already spent disproportionately. This triggered wages and amortisation."
Pique's decision to accept a reduced salary ensured Barca could register new signings Memphis Depay and Eric Garcia for their opening LaLiga game of the campaign on Sunday.
"I thank Pique for his willingness to help the club. His reduction has helped us to register players," Laporta added. "We can register Sergio [Aguero] with the agreement we plan to have with the other players. I hope the other captains act like Pique.
"The negotiations with the others are going well. Alba, like Busquets and Sergi Roberto, is behaving very well and we hope that we will reach an agreement soon. As soon as we can, we will acknowledge it."
Hurtig the hero after late goal sends Arsenal into Champions League quarters
Lina Hurtig's 89th minute winner ensured Arsenal progressed to the quarter-finals of the Women's Champions League after edging Juventus 1-0 on Thursday.
After being frustrated for large parts of the encounter, Hurtig bundled home from close range after Martina Lenzini's poor clearance to book the Gunners' place in the last eight.
Despite Arsenal dominating the early exchanges, it was Juventus who had the first sight of goal, though Eva Schatzer's effort was easy for Daphne van Domselaar to gather.
In a first half that saw just two shots on target, both coming from the visitors, Renee Slegers' substitutes proved to be the difference for Arsenal.
Slegers introduced Beth Mead, Stina Blackstenius and Hurtig late on, with the latter somehow putting Kim Little's cross over the bar from five yards out.
However, the Swede would atone for her earlier error, combining with fellow substitute Blackstenius to net against her former club and send them out of the competition with two group games remaining.
Meanwhile, in Group D, Barcelona edged closer to the quarter-finals of the competition with a convincing 4-1 victory over St. Polten at the Generali Arena.
The reigning champions are still three points behind Manchester City following their 2-1 win over Hammarby, and know a win against the Swedes next month will see them progress.
Kika Nazareth opened the scoring in the 20th minute after capitalising on a mistake by Kamila Dubcova, notching her second nine minutes later from close range.
Barca found themselves three goals up at the break when Vicky Lopez netted her first goal in the competition to put the result beyond doubt.
There was also a landmark moment for Alexia Putellas, who netted her 200th goal for the club with a well-taken effort into the far corner.
Valentina Madl took some of the shine off an otherwise impressive display from the visitors, who have now taken their tally to 20 goals from their four matches in the competition.
Guardiola agrees two-year contract extension with Man City
Pep Guardiola will be Manchester City manager for at least two more seasons after 2024-25, after he signed a two-year contract extension on Thursday.
The 53-year-old was coming to the end of his City deal, which was due to expire at the end of the current campaign, but he has opted to remain at the Etihad Stadium.
The deal itself will take Guardiola's tenure at the club to over a decade, making him City's longest-serving manager since Les McDowall in 1963.
There had been suggestions that he may leave at the end of the season following the announcement that director of football Txiki Begiristain was on his way out.
Guardiola was strongly linked with the England job after Gareth Southgate resigned in the wake of their Euro 2024 final defeat, but the Football Association appointed Thomas Tuchel last month.
“Manchester City means so much to me," Guardiola said. “This is my ninth season here; we have experienced so many amazing times together. I have a really special feeling for this football club.
“That is why I am so happy to be staying for another two more seasons.
“Thank you to everyone for continuing to trust and support me – The Owner, The Chairman Khaldoon, Ferran, Txiki, the players and, of course, the fans… everyone connected to Manchester City. It has always been an honour, a pleasure and a privilege to be here.
“I have said this many times before, but I have everything a manager could ever wish for, and I appreciate that so much.
“Hopefully, now we can add more trophies to the ones we have already won. That will be my focus.”
Having been appointed in 2016, Guardiola is by some distance Manchester City's most successful manager of all time, having won 18 major trophies during his time at the club.
That list includes their first-ever Champions League triumph in 2023 and six Premier League titles, including an unprecedented four on the spin.
He also boasts a 72.04% win percentage across all competitions, which is unsurprisingly the highest of any full-time City manager in history.
Shaw at the double as Man City progress in Champions League
Khadija Shaw scored twice as Manchester City beat Hammarby 2-1 to seal their place in the Women's Champions League quarter-finals.
Gareth Taylor's team entered Thursday's game with a perfect record in Group D, and their fourth win in as many European matches ensured they finished in the top two.
Shaw—the leading scorer in the Women's Super League this season with eight goals—put them ahead in the 31st minute, driving into the area after taking in Yui Hasegawa's pass before seeing her shot deflect into the top corner.
Shaw was booked for celebrating in front of the home fans despite appearing to have objects thrown at her from the stands, and Hammarby should have levelled when Julia Blakstad fired wide 10 minutes later.
The hosts did draw level three minutes into the second half as Ellen Wangerheim tapped home while City's Laura Blindkilde Brown was down appealing for a free-kick.
That parity was short-lived, though, as Shaw blasted into the top corner from 25 yards out, taking her overall tally for this season to 12 goals in all competitions.
In Group C, meanwhile, Bayern Munich lost their perfect record as they played out a 1-1 draw with Valerenga, boosting Arsenal's hopes of topping the pile.
Jovana Damnjanovic came off the bench to put Bayern ahead 15 minutes from time in Norway, but Elise Thorsnes headed home following an 88th-minute corner to snatch a point for the hosts.
Arsenal could now move within a point of Bayern when they face Juventus in Group C's other match later on Thursday.
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