Barca in the red: Club loses money

It appears Joan Laporta, Barca's former president was using some creative accounting to announce an 11m euro profit. A re-audit ordered by current president Sandro Rosell actually showed a far more grim picture of loss. To the tune of 77.1m euros. The revised figures were announced by Javier Faus, Barca's VP of economic affairs

"The figures presented by the former board don't reflect the real image.