In June, Barcelona’s board of directors announced a 2009-2010 profit of 11 million euros. That’s not an overly impressive figure given the stature of the club. However, an audit led by new Barcelona president Sandro Rosell paints a more dire picture. This latest audit reveals a post-tax loss for 2009-2010 of 77.1 million euros. Barcelona’s situation is just the latest example discrediting a correlation between success on the field and organizational success.
As we consider what we want American professional soccer to look like going forward, it would be negligent to ignore the levels of fiscal irresponsibility that have plagued many of the world’s most “successful” clubs. We all want our teams to play like Barcelona, but if that level of success comes with a need for unchecked spending and reckless organizational management, I’ll gladly take the MLS slow and steady approach. Wanting to compete too quickly pushes organizations to overextend. Although MLS has its problems, the league’s measured approach to growth and expansion is something that should be applauded. Well done, MLS.
