Thursday, February 18, 2010

The Quote: Jaume Ferrer

"In the year 2003, when we arrived at the club, on 25 June, Barça had no cash money at all, several credit lines were exhausted and the banks were asking back their money, the club had a turnover of 120 million euros and spent 200 millions, on 30 June we needed to pay the salaries of the players, taxes, social security fees, the first thing the financial institutions told us was that they didn't want to take any more risks with FC Barcelona... But we managed to turn the situation around and today we have a budget of 400 million euros and we're amongst the big European clubs."

Jaume Ferrer,
Barcelona assets vice-president

read more election quotes here

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