Barça gets some air – and hopes for 700 million fresh money

The heavily indebted FC Barcelona paved the way for creating further financial leeway. Barça hope for 700 million euros.

Wants to invest and renovate: Joan Laporta.

IMAGO/ZUMA Wire

At a general meeting late Thursday evening, two proposals by club president Joan Laporta for the short-term development of new sources of income were accepted with a clear majority. The financially ailing Spanish football club hopes that around 700 million euros will flow into the empty coffers in the next few weeks.

The sometimes heated debates before the two votes lasted almost three and a half hours. First, the sale of a 49.9 percent stake in Barca Licensing and Merchandising (BLM) was approved, which should bring in 200 to 300 million euros.

The members with voting rights then also approved the assignment of a maximum of 25 percent of the TV rights for a maximum of 25 years. According to Laporta, this could mean income of at least 500 to 550 million euros.

Barça between consolidation and transfer requests

Laporta, who has been in office since March 2021, had drummed the drum for his proposals in front of the meeting and said, among other things: “Barça was dead. Now we are in intensive care. If these measures are approved, we will be discharged from the hospital.”

In fact, Barcelona are in extremely bad shape, with the Catalans struggling with a mountain of debt totaling 1.35 billion euros. Nevertheless, Laporta also wants to continue playing at the top and therefore also wants to strengthen the squad “to be able to play for titles again”. As is well known, Robert Lewandowski, who is pushing his departure from FC Bayern, is also on the Catalans’ wish list, but they are also interested in Rafael Leao (AC Milan), Bernardo Silva (Manchester City), Carlos Soler (FC Valencia) and Kolidou Koulibaly (SSC Naples) should have.

In order not to jeopardize the intended restructuring of the finances, players’ salaries are to be cut at the same time and the salary pool reduced by 160 to around 400 million euros a year. Players who earn a lot and didn’t do so well in Barcelona should also be sold. The transfer of the Dutchman Frenkie de Jong, in which according to media reports Manchester United is particularly interested, should flush around 100 million into the coffers.

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