Barcelona confirm huge losses

Barcelona lost more than €77m last season, the club's vice-president for economic affairs Javier Faus has revealed.

The previous board, led by former Barca president Joan Laporta, had announced the club was €11m in the black at the end of their mandate in late June, but a new audit carried out by Deloitte for Sandro Rosell's team has revealed a far less healthy scenario for the Catalan outfit.