5:18 P.M.

Barcelona’s president says club’s debt now at $1.6 billion

Barcelona’s president presented a grim picture of the club’s financial situation on Monday, saying its debt has risen to 1.35 billion euros ($1.6 billion), AP reported.

Joan Laporta blamed the previous administration of Josep Bartomeu for the club’s “dramatic” situation that ultimately led to Lionel Messi’s departure. Laporta accused Bartomeu of countless “lies” and said he and his board of directors must be held accountable.

Laporta said the club was left with a negative net worth of 451 million euros ($532 million), and in a difficult condition to negotiate with players.

4:59 P.M.

Cashfree achieves key ISO certification, takes significant steps towards data security

Leading digital payments and banking technology company, Cashfree announced today that it has attained ISO/IEC 27001:2013 certification for its Information Security Management System…

Read more…

Share.

Comments are closed.