World of Sport

Barcelona’s desperate cost-cutting measures

World of Sport

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Barcelona have
resorted to desperate measures to raise funds for the purchase of Cesc Fabregas
this summer.

With Barca heavily in debt and UEFA's financial fair play guidelines coming into force, the club must cut corners wherever they can.

Club
president Sandro Rosell revealed that the Catalan giants have cut down on
bodyguards, catering and even resorted to banning colour photocopying in order
to save money.

"By
being austere, hard and losing friends," Rosell said when asked how Barca -
who lost £19 million last year - are trying to make ends meet.

"We
are suffering with it. We removed the catering events, our bodyguards. And we
have even stopped making photocopies in colour at the club.

"Now
we do black and white and save on toner."

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Whether the
measures will be enough to fund a move for the Arsenal captain is not yet
certain, however: Rosell added that Barca will not pay more than £35m for
the Spanish midfielder
, and that Arsenal will be given a take-it-or-leave-it
offer for that amount.

Barcelona's
cost-cutting has already done plenty of good: the club cut its £73m losses in 2009/10 by £54m, though ironically the club complained earlier this
month that they would have saved even more had it not been for the win bonuses
they had to pay players for winning both La Liga and the Champions League
.

There were protests outside the Camp Nou recently when it was announced that the budget for other sports teams within the club would be reduced from 10 per cent of the overall budget to five per cent within five years.

Sports affected were volleyball, ice hockey, skating, athletics, rugby and wheelchair basketball, while the 70-year-old baseball team was axed completely.

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