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Post being replied to

Might be a dumb question but... by GoldCoastIrish

As I understand it, FCB is relatively majority owned by club members.

Is the debt held by the operating entity, and if so, would a reduction in membership lead to a reduced ability to service the debt?

Obviously Barca has a rabid fanbase and probably a long list to get season tix, so the people will pay, but is the debt getting serviced out of that membership revenue? Obviously they pull CL money every year so that likely helps, but they're looking at 10 years to pay it off at a minimum.

(My gunners are subject to the whims of a greedy owner who won't invest, sadly.)