So as the biggest clubs begin their Champions League journey this week, it seems you can pretty much forget about a Spanish or Italian team winning the competition this season. Barcelona and Real are both lost in a period of transition, with huge wage bills at Camp Nou and the Bernabeu draining their resources. Barcelona's debt now stands at €1.35 billion, ultimately forcing them to accept defeat in their attempts to keep Messi at the club. Although Real reported cash reserves of €122m in June, they are halfway through a €700m redevelopment of the Bernabeu, and efforts to trim their annual €400m wage bill led to the departures of Sergio Ramos and Raphael Varane.
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