Barcelona stalling €275m sale of BLM to Fanatics

Barcelona are contemplating pulling out of the sale of 49% of their merchandise firm, Barça Licensing & Merchandising (BLM), as president Joan Laporta is eyeing a greater deal.

The membership’s monetary woes aren’t any secret, with officers talking overtly concerning the need to raise €500m this summer season to stability the books and ‘save’ Barcelona, with greater than half of that sum anticipated to return by way of this BLM sale.

A consortium led by Fanatics had agreed a €275m deal for a 49% share of the enterprise, which had solely been valued at €200m, however Marca now state that Laporta needs extra.

Negotiations have slowed down drastically in latest days, with Laporta demanding more cash and the consortium to this point refusing to boost their supply.

Whereas talks haven’t collapsed fully, the sensation is that this pre-agreed deal will quickly be taken off the desk and Barcelona should look elsewhere of their makes an attempt to boost cash.

Laporta will converse at a common meeting on Thursday to ask shareholders for permission to promote shares in BLM, however he isn’t anticipated to substantiate any particulars of any negotiations and can seemingly go away followers at nighttime.

Barcelona are additionally hoping to promote a share of their tv rights which may usher in one other €200m, however with out this BLM deal, the membership nonetheless want an enormous €300m if they’re to start out the approaching season with a optimistic stability.

The president seemingly believes such a determine might be raised by way of the BLM sale, but when not, Barcelona should depend on participant gross sales, which may work in Manchester United‘s favour as they proceed to barter over Frenkie de Jong.

This text was initially printed on 90min as Barcelona stalling €275m sale of BLM to Fanatics.

Supply: www.90min.com