MADRID (Reuters) -FC Barcelona can reverse their poor financial situation within a year and a half, president Joan Laporta told a news conference on Monday, after saying the club ended last year 451 million euros ($531 million) in the red. "I reckon that in a couple of years the club will be healthy," he told reporters, adding that the team have many potential sponsorship deals open to them. "We have a lot of proposals and this is obviously encouraging, our morale is very high," he said. The club's debts total 1.35 billion euros, 673 million of which are owed to banks, Laporta said. Along with rivals Real Madrid and Athletic Bilbao, Barca voted against the proposal at a general assembly last Thursday.
