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Barcelona's descent from European football royalty to owing a staggering 1.45 billion euros is one of the most shocking financial collapses in sports history. This wasn't bad luck or market forces – this was pure self-destruction through panic buying, astronomical wages, and management decisions so reckless they defy belief. When Joan Laporta returned as president in 2021, he inherited debt so massive it seemed almost fictional, with 730 million euros due within just twelve months. The catastrophe began on August 3rd, 2017, when Neymar's 222 million euro departure to PSG triggered a chain reaction of panicked decision-making that would haunt Barcelona for years. Josep Maria Bartomeu's board, unable to accept being outmaneuvered by PSG, embarked on a spending spree that transformed the club from football's most prestigious institution into European football's ultimate cautionary tale. Every euro of this debt represents systematic financial recklessness that proves how even the mightiest clubs can engineer their own downfall through pure mismanagement. Contact me: footyside90contact@gmail.com