"Barcelona" is weighed down by a debt of 430 million euros counting losses © EuroFootball.com

The club announced last year that it incurred a loss of 79 million euros, but President Sandro Rosell insists that the total debt of 430 million euros will be eliminated.

These numbers were revealed at the general club assembly on Saturday.

"Knowledge of the truth is the only right path. We know how we need to work, so we will soon return to a positive balance," "Marca" quotes the president of the Spanish champions.

"We must look to the future optimistically. We borrowed 155 million euros from the bank, which guarantees us economic capacity and the ability to settle with everyone on time."