FC Barcelona can reverse their poor financial situation within a year and a half, president Joan Laporta told a news conference on Monday, after saying the club ended last year 451 million euros ($531 million) in the red.

Football - Barcelona can escape financial hole in 18 months, says Laporta

Joan Laporta returned as Barcelona president on Sunday after winning the club's elections by a landslide, with his central pledge to try to persuade Lionel Messi to stay.

Barca given fresh start as Laporta elected new club president

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Football - Barcelona can escape financial hole in 18 months, says Laporta

Barca given fresh start as Laporta elected new club president