Javier Faus want expanded uefa champions league.
Barcelona would like to see
an expanded European
Champions League and have
proposed reducing the
number of clubs in top
domestic divisions to free up
time for more continental
matches.
Javier Faus, a vice
president of the La Liga
champions, told Reuters it
was unlikely Barca, or their
great Spanish rivals Real
Madrid, would ever quit
domestic competition entirely.
"What would be very
interesting for us however is
over the next 10 years
creating smaller domestic
leagues and a larger
Champions League," Faus,
who is responsible for
economic affairs at the
Catalan club, said in an
interview at Nou Camp
stadium.
La Liga, which currently has
20 teams, could be shrunk to
18 or even 16 clubs, he
added.
The current Champions
League format involves 32
teams, split into eight
sections of four in the group
stage, followed by the
knockout phase.
Expanding the competition
would provide a means of
boosting revenue from
matchday receipts and
television rights and could
help clubs comply with new
Uefa rules designed to
prevent them spending more
than they earn.
Barca, which is owned by its
members, were the second
richest European club by
revenue in the 2009-10
season, according to
Deloitte's latest ranking
published last week.
They reaped €398 million, up
from 366 the previous
campaign and placing them
behind top earner Real
Madrid (439 million) for a
second consecutive year.
STADIUM RENOVATION
Faus said Barca would have
no difficulty in complying with
UEFA's new Financial Fair
Play regulations, which will
take effect from June 1 this
year, and the club fully
supported their introduction.
Although Barca was set to
post a net loss of around 20
million euros this season that
was primarily because of the
deal that took out-of favour
striker Zlatan Ibrahimovic to
AC Milan and cost the club
around 40 million, he added.
Barca were expecting a
profit of some 40 million
euros per campaign from
next season, he said.
Uefa's new rules were
unlikely to bring down the
huge salaries paid to top
players, Faus said.
However, he predicted some
of Europe's biggest spending
clubs, including Barca, Real,
Manchester City and Chelsea,
would likely be forced to limit
spending on squad members.
Faus serves under club
president Sandro Rosell, who
took over from Joan Laporta
at the end of last season.
The club was aiming over the
next five years to increase
revenue to as much as €550
million per season and cut
net debt to 200 million from
the current 400 million, Faus
said.
Another priority will be to
implement a cheaper
renovation of the 50-year-
old Nou Camp arena now that
a 300 million-euro project
mooted under the previous
presidency has been deemed
too expensive in the current
economic climate, he added.
The area around the stadium
would also be redeveloped
and the club's basketball
arena enlarged.
Tw
an expanded European
Champions League and have
proposed reducing the
number of clubs in top
domestic divisions to free up
time for more continental
matches.
Javier Faus, a vice
president of the La Liga
champions, told Reuters it
was unlikely Barca, or their
great Spanish rivals Real
Madrid, would ever quit
domestic competition entirely.
"What would be very
interesting for us however is
over the next 10 years
creating smaller domestic
leagues and a larger
Champions League," Faus,
who is responsible for
economic affairs at the
Catalan club, said in an
interview at Nou Camp
stadium.
La Liga, which currently has
20 teams, could be shrunk to
18 or even 16 clubs, he
added.
The current Champions
League format involves 32
teams, split into eight
sections of four in the group
stage, followed by the
knockout phase.
Expanding the competition
would provide a means of
boosting revenue from
matchday receipts and
television rights and could
help clubs comply with new
Uefa rules designed to
prevent them spending more
than they earn.
Barca, which is owned by its
members, were the second
richest European club by
revenue in the 2009-10
season, according to
Deloitte's latest ranking
published last week.
They reaped €398 million, up
from 366 the previous
campaign and placing them
behind top earner Real
Madrid (439 million) for a
second consecutive year.
STADIUM RENOVATION
Faus said Barca would have
no difficulty in complying with
UEFA's new Financial Fair
Play regulations, which will
take effect from June 1 this
year, and the club fully
supported their introduction.
Although Barca was set to
post a net loss of around 20
million euros this season that
was primarily because of the
deal that took out-of favour
striker Zlatan Ibrahimovic to
AC Milan and cost the club
around 40 million, he added.
Barca were expecting a
profit of some 40 million
euros per campaign from
next season, he said.
Uefa's new rules were
unlikely to bring down the
huge salaries paid to top
players, Faus said.
However, he predicted some
of Europe's biggest spending
clubs, including Barca, Real,
Manchester City and Chelsea,
would likely be forced to limit
spending on squad members.
Faus serves under club
president Sandro Rosell, who
took over from Joan Laporta
at the end of last season.
The club was aiming over the
next five years to increase
revenue to as much as €550
million per season and cut
net debt to 200 million from
the current 400 million, Faus
said.
Another priority will be to
implement a cheaper
renovation of the 50-year-
old Nou Camp arena now that
a 300 million-euro project
mooted under the previous
presidency has been deemed
too expensive in the current
economic climate, he added.
The area around the stadium
would also be redeveloped
and the club's basketball
arena enlarged.
Tw
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