Barcelona accused of inflating TV rights sale by €150m

Barcelona have been accused of contributing €150m of their very own cash in direction of the sale of 25% of their TV rights to US funding agency Sixth Road.

The membership have been placing offers to unload their very own property in an effort to increase cash, certainly one of which was the sale of 25% of the membership’s tv rights for the following 25 years which is known to be price round €517m.

Nevertheless, Barcelona declared the sale would find yourself being price €667m, with the extra €150m anticipated to reach in 25 years on the finish of the unique settlement, however Cope declare that that further charge will truly be coming from Barcelona themselves.

The Blaugrana are accused of working with Sixth Road to arrange an funding firm within the US, Locksley Make investments, and the declare is that the TV rights had been truly offered to Locksley after which leased to Sixth Road, who’ve paid €517m for the rights for the following 25 years.

Barcelona are mentioned to have contributed €150m further to the deal which might see them regain management of their rights after the Sixth Road deal involves an finish.

With the entire deal set to be price €667m, Barcelona declared that determine to La Liga, who’re mentioned to have rejected the membership’s interpretation and insisted that €150m of that sum was from Barcelona themselves.

That has led to a shortfall in Barcelona’s projected funds for the 12 months and now different strategies are being explored to boost some extra cash.

Barcelona are nonetheless trying to appease La Liga’s wage laws and register all their new signings – Franck Kessie, Andreas Christensen, Raphinha, Jules Kounde and Robert Lewandowski – in addition to Ousmane Dembele, who turned a free agent earlier than renewing his contract and has but to be formally registered both.

This text was initially printed on 90min as Barcelona accused of inflating TV rights sale by €150m.

Supply: www.90min.com