Financial collapse at FCSB



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Classification in the Europa League groups missing, a disaster for the FCSB

The team sponsored by Gigi Becali grade lost in groups European League, which translates into a big “hole” in the budget.

During this market period, the red-blues did not sell anything and only produced 500,000 euros, after spending two preliminary rounds in the Europa League (Shirak and Backa Topola), writes GSP.ro.

Compared to last season, FCSB will also receive less money for television rights, after League 1 expanded from 14 to 16 teams. The club also suffers economically because the games are played without spectators, due to the coronavirus pandemic.

According to the latest calculations, the red-blues budget has been cut in half compared to the previous season, the cited source also writes. Qualifying in the Europa League groups would have meant doubling income and saving the situation. Not less than 4.5 million euros It would have cashed FCSB, if the team had passed Slovan Liberec and APOEL Nicosia. Thus, the budget would have reached the level of last season.

The FCSB budget in 2020/2021

  • Television rights: 2,000,000 euros (excluding VAT)
  • Sponsors: 2,000,000
  • UEFA revenue: 500,000
  • Tickets: –
  • Player Sales: –

TOTAL: 4,500,000

The budget of the FCSB in 2019/2020

  • Television rights: 2,800,000 euros
  • Sponsors: 2,300,000
  • UEFA revenue: 1,200,000
  • Tickets: 580,000
  • Player Sales: 1,900,000
  • Other income: 220,000

TOTAL: 9,000,000

Gigi Becali has two options to overcome financial stagnation at FCSB

At this time, to cover financial losses, the owner of the red-blues has two options. The first is to drastically cut spending so it doesn’t exceed income. The second would be for Gigi Becali to borrow the club again, as happened in the previous two years.

According to the report submitted by FCSB to the Ministry of Finance, on December 31, 2019, the club owed Gigi Becali 9.3 million euros.

How the club’s debts with Gigi Becali fluctuated

  • 2004: 1,000,000 euros
  • 2005: 2,175,000
  • 2006: 2,735,000
  • 2007: 15,500,000
  • 2008: 20,030,000
  • 2009: 21,000,000
  • 2010: 20,700,000
  • 2011: 15,700,000
  • 2012: 13,100,000
  • 2013: 2,700,000
  • 2014: –
  • 2015: –
  • 2016: –
  • 2017: 520,000
  • 2018: 4,000,000
  • 2019: 9,300,000

FCSB, lost in the last two seasons

Gigi Becali recorded losses of 1.9 million euros and, respectively, 4.5 million euros in the last two seasons, given that in recent years FCSB has always had profits, GSP.ro also writes.

This was also seen in the investments made this summer: Gigi Becali spent 0 euros on transfers during the market period just concluded.

Tags: Gigi Becali

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