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Barcelona receive cash injection as first lever activated

Published

3 years ago

1:03 pm

Barcelona receive cash injection as first lever activated

Barcelona have confirmed that they’ve offered 10% of the membership’s TV rights to Sixth Avenue till 2047, in change for a entrance up money injection of 267 million euros this season as they search to search out methods to maintain the membership afloat and aggressive,

The primary of the financial ‘levers’ as they’re referred to by the membership, will assist the Catalan facet finish the season in a revenue, although it’s unclear simply how a lot they’ll have the ability to reinvest into participant transfers

In a membership assertion, they revealed that “With this operation, FC Barcelona generates a complete capital acquire of 267 million euros for the present season. Sixth Avenue will initially make investments 207.5 million euros and can obtain the financial good thing about 10% of the Membership’s TV rights from LaLiga over the following 25 years”.

El FC Barcelona i Sixth Avenue arriben a un acord per a l’adquisició d’un 10% dels drets de TV del Membership de LaLiga
? Tots els detalls: https://t.co/yEoyk26WrB pic.twitter.com/K8LlMMqP9S
— FC Barcelona (@FCBarcelona_cat) June 30, 2022

In the meantime, Barcelona President Joan Laporta added “We’re activating the financial levers and executing our affected person, sustainable and environment friendly technique to strengthen the monetary base of the Membership. Sixth Avenue strongly helps the world of soccer, is an skilled investor in world sports activities and media, and a accomplice that may present vital information and sources whereas enabling us to independently handle our operations.”

It’s anticipated that extra financial levers shall be activated within the coming weeks because the membership look to get well after being woefully mismanaged financially by earlier Presidents.

Raphinha newest

Ought to they have the ability to afford to take action, it’s anticipated that Raphinha would select Barcelona over Chelsea as his subsequent vacation spot, although as of but the Camp Nou facet are but to return near matching Chelsea’s £60m bid for the Leeds United winger.

Raphinha deal, key hours forward. ??? #Raphinha
▫️ Chelsea could have direct discuss along with his agent Deco right this moment, ready for a solution on private phrases;
▫️ Each Barcelona and Arsenal, attempting till the top;
▫️ Leeds have full settlement with Chelsea, but additionally depends upon participant facet. pic.twitter.com/ipt8JBo066
— Fabrizio Romano (@FabrizioRomano) June 30, 2022

With this injection of funds, strikes for each the Brazilian and Robert Lewandowski may show extra sensible, although it’s unclear simply what Xavi should spend this summer time along with his eyes additionally on the likes of Jules Kounde, Cesar Azpilicueta and Marcos Alonso.