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Barcelona president Laporta: Club's finances worse than I expected

Barcelona president Joan Laporta admits the club's financial state is worse than he expected.

The 58-year-old became president for the second time in March, replacing Josep Maria Bartomeu, and he has already made a few signings this summer, but he tried to provide an insight into the current state of affairs at the Camp Nou.

"The club is worse than I expected, and I expected it to be in a difficult situation," Laporta said during an interview with La Vanguardia.

"There are some contracts that greatly limit us. There are things that will have to be explained and I won't rule out any measures.

"Everything will be explained, because otherwise we would be accomplices. The same people always appear in the contracts."

Barcelona have the highest wage bill in the world, which is part of the reason behind their current precarious financial situation, and Laporta has recognised the need to address this.

"We have found ourselves with a squad with out-of-date salaries and we will have to juggle," he noted.

"Existing contracts can be changed or restructured, and then there are drastic measures that we would like not to have to take. Nothing is ruled out for the good of Barcelona.

"Between salaries and amortisations we have a figure of 650 million, which is more than the club's income. These salaries are out of date."

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