Barcelona Sells More Assets In Bid To Register New Players
Amid challenges to register new players signed in this summer, the Liga giants, have triggered yet another economic lever to raise funds.
According to GOAL, Barcelona have sold 24.5 per cent of Barca studios to Orpheus media and have raised $103m in the process, which is expected to go a long way in aiding their activity in the ongoing transfer window.
The deal which was authorized by the general assembly of FC Barcelona members to enable the club register big-money signings such as Raphinha, Robert Lewandowski, Jules Kounde, Andres Christensen and Franck Kessie.
The official statement from the club read: FC Barcelona announces the sale of 24.5% of Barca Studios to the company Orphesus Media, Managed by Mr. Jaume Roures, an audiovisual production company with a long history of producing content, for 100 million euros. The agreement complements the one signed on 29 July with Socios.com and will help to accelerate the growth of the club’s digital, NFT and Web. 3 strategy.
The club had incurred debts of $1.42bn in 2021, but president Joan Laporta in a bid to balance their books, have received green light to sell 49.9 per cent of the club’s Licensing and Merchandising (BLM).
Barcelona will kick-off their season on Saturday as they face Rayo Vallecano in their La Liga Opener at Camp.
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