Som un clam questions Barça finances with ten key points before General Assembly

The opposition group Som un clam, headed by Joan Camprubí, has published a list of ten questions about FC Barcelona's economic health just days before the Ordinary General Assembly scheduled for Saturday, October 19. The statement, which its authors describe as constructive and free of reproach, focuses on the club's record debt, the real progress of the Espai Barça works and the credibility of the budgetary forecasts.

• Barça's debt totals 2,441 million euros, the highest of any European club.
• Cash reserves have fallen despite the new financing channels activated by the board.
• Financial costs are wiping out improvements in operating results.
• Equity shows a negative balance of 168 million euros.
• The 2026/27 budget arrives after several years of missed targets.

Debt of 2,441 million and falling cash reserves: the key economic concerns

The first block of questions revolves around the club's total debt, which stands at 2,441 million euros, the highest figure of any European football institution. Despite record revenues exceeding 1,000 million euros, the improvement in operating results has not translated into stronger cash flow because financial costs absorb a substantial share of that progress.

Camprubí's group also asks why cash reserves have continued to shrink even though new financing levers have been activated. In their view, this mismatch between revenues and liquidity undermines Barcelona's ability to meet short-term obligations without resorting to further borrowing or asset sales.

What Som un clam asks about Espai Barça and the new Palau Blaugrana

The real state of the Espai Barça works is the subject of another question in the statement. Som un clam demands precise information on project timelines, outstanding payments and any compensation arising from delays. In the same section, the group requests explanations about the financial and contractual situation of the new Palau Blaugrana, whose construction schedule has also been adjusted several times.

Negative equity and UEFA financial fair play breach

Another sensitive point is the deterioration of equity, which sits at a negative balance of 168 million euros. The statement points out that failing to meet UEFA's financial fair play requirements has led to sanctions for the club and restricted its room for maneuver in the transfer market. The suspension of Article 67 of the Statutes, which governs economic control of the wage bill, also features among the questions directed at the board.

Barça Studios, wage bill growth and dependence on player sales

The document devotes space to the increased stake in Barça Studios despite the sharp accounting deterioration that venture has suffered. The signatories ask why the club continues to invest in an asset whose book value has fallen significantly. They also question the growth of the first-team wage bill and the expansion of the non-sporting structure, which they see as inconsistent with the austerity policy announced by the board.

Dependence on player sales to balance the books is another issue Som un clam wants clarified. The group argues that this model of extraordinary income is not sustainable and masks structural weaknesses in the club's ordinary business. In the same vein, the final question of the document addresses the credibility of the 2026/27 budget, which follows several consecutive seasons without meeting the figures approved by delegate members.

Providing clear answers means helping to build and protect the future of our Club. We want a strong, financially solid Club that keeps us excited on the pitch for many years to come.

With those words, the group led by Camprubí closes its statement, insisting that its aim is not systematic scrutiny but rather ensuring that Saturday's Assembly gives members access to all relevant information before they cast their votes.

Frequently asked questions about FC Barcelona's accounts and Som un clam