Spanish champions Barcvelona lost $ 15 million last season according to new accounts . Outgoing board had said the club had made a profit of $ 14 million for the same season . Financial vice - president Javier Faus says previous accounts did not show true picture . The sporting excellence in the last few years has not been reflected in economic excellence . Real Madrid let young star Fernando Alonso join English club Bolton .
Spanish champions Barcvelona lost $ 15 million last season according to new accounts . Outgoing board had said the club had made a profit of $ 14 million for the same season . Financial vice - president Javier Faus says previous accounts did not show true picture . Real Madrid let young star Fernando Alonso join English club Bolton .