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Well, there are times when it makes sense to go into debt. Most people take out a mortgage to buy a house. Many companies use debt to finance investments as well, but the more indebted ones tend to have more problems.
It is one thing to go into debt for a relatively short period of time, for a small percentage of your income, and another to make a desperate gamble in order to save the disastrous situation you are in, mortgaging your future excessively.
As I said the only way this is going to work out for Barcelona is obviously if they absolutely triumph in everything, and I mean everything. They will have to win in La Liga and they will also have to win the Champions League Trophy. Moreover, they also have to win other things that are available to them so that they can at least get a part of the money back that they owe. I really don't think that was a wise idea but they have already done it so no point talking about it. I just hope they will be able to perform well. They did not start off well this season though, but I believe they will get better.