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Football :

The president of FC Barcelona, ​​Josep Maria Bartomeu returned this Sunday to the economic situation of his club, as well as the transfer period and possible movements within the Catalan workforce. The Covid and the Neymar case have of course been mentioned.

The Covid-19 pandemic that has hit the planet for several months has quickly had consequences in the small world of football.

Faced with this particular situation, the clubs had to tighten their belts and review their recruitment policy. Impossible for example to play the ticket machine as was still the case last year. AT Barcelona, Josep Maria Bartomeu is in a good position to know that. And the possibility of (re) signing Neymar quickly appeared to be impossible.

This Sunday, Bartomeu took stock of the financial situation of FC Barcelona, ​​during an interview with the Spanish media Sport. And the situation is not the most flamboyant. “The club lost 200 million euros between March and June (2020). For the 2020/2021 season, we were hoping to count on a turnover of 1.1 billion euros, but we will have to review this figure with 30% less. »Nothing to see life in pink.

“We will continue to lose money”

“If the situation does not improve, there will be no spectators, no museum or shops open and we will continue to lose money,” concedes JMB. “This will force us to be very rigorous in our spending and separate what is essential from what is less. All the big European clubs are affected and adapt. And it’s not going to last just a year, but three or four. “

And what about recruitments? Besides the arrival of Miralem Pjanic, Bartomeu also clarified that Barça “had spoken with Inter about Lautaro Martinez, but that the discussions had been broken off, the situation no longer allowing large expenses. “For Neymar, here again the situation made things” infeasible. And the PSG did not want to sell it “. Even without the Brazilian, Barcelona should continue to fight for the title next year, especially as its young shoots Araujo, Riqui Puig or Ansu Fati are scrambling to embody the future of the Catalan club.

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News Source: cvbj.biz

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Japanese companies will have a 36% drop in their profits, according to Nikkei

Tokyo, Aug 11 (EFE) .- Japanese companies will suffer a fall of close to 36% in their net profits in the current fiscal year mainly due to the effects of the coronavirus pandemic, according to calculations released today by the financial daily Nikkei.

Results for the year from April 1 this year to March 31, 2021 will be the worst for Japanese companies listed on the Tokyo Stock Exchange since the 2008 financial crisis, Nikkei said.

According to data compiled by the financial daily, 60% by Japanese firms foresee a reduction in their income and profits.

The Toyota group, for example, estimates that it will close its fiscal year with a 20% reduction in sales and a 64% drop in net profits.

But other companies will benefit, such as electronics supplier Ibiden, which expects earnings 32% higher than the previous fiscal year.

According to Nikkei, the 585 companies that have projected their results separating them semi-annually estimate that their profits will fall by 54% on average in the first six months of the fiscal year, but in the six months after they will register an increase of 19% compared to the same period of the year previous prosecutor.

(c) EFE Agency

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