Barcelona members approve merchandising & TV rights sales

Barcelona members have accepted plans to promote 49.9% of the membership’s merchandising firm and 25% of their TV rights.

Membership officers have spoken brazenly about the necessity to increase €500m to stability the books this summer season and have even not too long ago advised {that a} additional €160m wants to return off the wage invoice earlier than Barcelona may even take into consideration signing new gamers.

President Joan Laporta has promised to boost the overwhelming majority of that cash by means of vital gross sales of Barça Licensing & Merchandising (BLM) and a piece of the membership’s TV rights, even suggesting that the 2 offers might quantity to €700m.

All enterprise selections should be accepted by the Barcelona members, a lot of whom met for a normal meeting on Thursday to vote for or towards the gross sales.

First up was the BLM sale, with a major majority voting in favour of promoting 49.9% of the franchise, Laporta confirmed affords of between €200m and €300m have been acquired, though latest studies have advised he’s looking for more.

As for the TV rights, it was one other overwhelming victory, with Barcelona chiefs now set to push forward with what might be some extremely profitable plans.

Laporta confirmed that they wish to strike a 25-year settlement for the TV rights, for which each and every 10% of the shares is value €200m, with studies suggesting the plan is to discover a purchaser for 25% – totalling a cool €500m.

It was even revealed that Barcelona have been provided €1,000m for a 100% sale of their TV rights, with Laporta turning it down to make sure the membership don’t hand over full management.

The voting was unanimous however not at all times optimistic, with former president Enric Reyna voicing his disappointment in direction of being compelled to comply with such gross sales.

“I go away with the sensation that I’ve carried out what I needed to do however not with satisfaction, however there isn’t a different alternative,” Reyna stated. “I ask you to be very rational in order that we shouldn’t have to do issues like this once more sooner or later.”

This text was initially printed on 90min as Barcelona members approve merchandising & TV rights sales.

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