Xavi outlines what Barcelona need as financial crisis continues to grip Catalan giants

The Catalan giants have remained financially crippled for the past few seasons and are more than €1 billion in debt. They have been forced to activate 'financial levers' in the past that included selling off some of the club's assets.

Under such immense financial distress, the Blaugrana manager Xavi has asked for more time to bring success to the club and urged the fans to remain patient. After winning La Liga and the Spanish Super Cup in the 2022/23 season, the Catalan side will go trophyless in the current campaign.

Speaking to reporters, the 44-year-old said, "The Culé must understand that the situation is very complicated to compete economically. It has nothing to do with what we had 25 years ago when the coach would come and say ‘I want this one, this one, and this one’. It doesn’t work like that anymore.

"I understand that and that’s how we’re going to adjust to it. That doesn’t mean we’re not going to compete. We need stability and time. There are good things to compete for. The situation we are in is the situation we are in in terms of results. Last year we were solvent without playing the football we would like to play and this year, we have played better, but with worse results."

He added, "We are living the situation that the club has at an economic level to compete. We need to compete better. The season has slipped away from us because of details."

The club will be next seen in action on Thursday night as they take on Almeria in La Liga in an away fixture.