Barcelona CEO Ferran Reverter's press conference | Highlights
"We inherited an institution with a negative budget and on the verge of bankruptcy."
"We have a debt of 1.35 Billion, of which 124 million are urgent."
"There are a lot of things that are missing from documented and government contracts, for example, Johan Cruyff Stadium was scheduled to cost 4 million in the budget set by the previous administration, they claimed that it cost 19 million."
"The Arthur-Pjanic deal that was supposed to save budget records cost the club 8.5 million."
"From 2017 to 2020, profits have increased by 30%, but expenses have increased by 55%, the salary bill has increased by 61%, and management expenses have increased by 56%."
"Barcelona signed 3 of the 5 most expensive players in the history of the game. Their cost is more than the budget of European clubs"
"We found a catastrophic sports system; a huge salary bill, we pay 50% more salaries to players in comparison to other european clubs"
"They left us contracts for players at the end of their career and they have long contracts.. And they left us short-term La masia youth contracts, we must negotiate to keep them"
"Net results announced in the last 5 seasons for Barcelona:
16/17: profit of 18 million euros
17/18: profit of 13 million euros
18/19: profit of 4 million euros
19/20: 97 million euros in losses
20/21: 485 million euros in losses"
"If nothing was done on time by us, today expenditure would be 835 million euros, or 108% of income"
"The Espai Barca project was evaluated 600 million euros and took the approval of the members to do so, so its cost jumped to 900 million, of which 119 million was paid, and the completion rate of the work is only 5%, which is not acceptable"
"Bartomeu's management signed with players knowing that they could not afford them.. For example, they signed with Griezmann without the club's money with a loan."
"Coutinho cost the club an additional 16 million euros, due to easy add ons, Bartomeu's management split the bill for the benefits of the Griezmann and Coutinho deals, knowing that there was not enough money in the club, in the end, they cost the club much more."
"The club's debt jumped from 159m in 2017 to 673 million in 2021 without holding a general meeting so as not to be exposed."
"We succeeded in reducing the salary bill by 155 million euros. We have made the difficult decision. We will rely on La Masia again."
"We have renovated many of the club's training centers. They were almost destroyed and could not be used, including the Camp Nou, the overall cost was 5 million euros for everything."
"La Liga says salaries should be 55-65%, but we have managed to reduce it to 70% now."
"Without COVID impact, the club would have 390 million in losses due to bad management."
About taking the previous board to court: "The audit is still 90% complete, as of now we have plans to take them (Bartomeu & board) to court about the agent fees, and stadium fees, and we think they had no plans and just paid big money to agents and buying players without knowing they'd fit in the team."
About signing players: "We need to fix the salary limit first, then we'll start signing players and when we also get money from sales of Griezmann and Trincao to re-invest."
About generating incomes and profits: "End of this year, we project positive balance. Projected is 5m, but we expect anything between 5-25m."
About spending in winter window: "We have only 20m to spend, we're looking to renew Fati, Pedri and Gavi."
About Tebas: "I have no words, just want him to speak a little less and focus on making the league more marketable or it'll fall down the order and away from the Premier League."
[Source: @fcbarcelona
Translated and collected by: Reddit user u/Bjdendi]
"We inherited an institution with a negative budget and on the verge of bankruptcy."
100%
Final score between Barcelona and Cornella in today’s training match ended in 2-2 — with Aguero & Coutinho as scorers. 
3-5-2 was used: Neto, Piqué, Umtiti, Lenglet, Mingueza, Jordi Alba, Sergi Roberto, Riqui Puig, Coutinho, Ansu Fati and Agüero.