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Message: <blockquote data-quote="Wolverine GTR" data-source="post: 20368960" data-attributes="member: 158020">Barcelona face €47m bill after botched property deal <img src="http://static.goal.com/3012200/3012292_heroa.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> Barcelona's judicial woes show no sign of slowing down, as a new judgement from Spanish authorities threatens to leave them with a €47 million debt. The club's board of directors released a statement on Monday detailing the issues discussed in the body's latest meeting.  And top of the agenda was a complaint over a plot of land sold in 2005 that could end up costing the club an eight-figure sum. Barca spokesman Josep Vivas revealed that an arbitration resolution has ordered the Catalans to nullify the sale of 25 hectares of land in the Hospitalet de Llobregat district, known as Can Rigalt.  "This is not the time to look for a guilty party, but to try and resolve this in the best manner possible," Vivas told a press conference after the meeting. "The financial department of the club is looking at the effects this could have, as are our legal representatives."The plot had been granted to real estate company Inmobiliaria Mar during former president Joan Laporta's tenure, but a tribunal has ruled that there were irregularities in the transaction. If the decision is upheld, Barcelona would be liable for the €35.4m they received at the time for the land, as well as interests and other costs. In total, the club would have to pay out €47m, while receiving back property of the disputed plot.</blockquote>

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