Second economic lever, activated: 300 million more for Barça

Second economic lever, activated: 300 million more for Barça

At the Camp Nou the paintings does now not forestall. Beyond transfers, inside the places of work they are centered on obtaining financing with a view to permit the club to enhance their monetary scenario.

In that sense, Barça announced this Friday an settlement with Sixth Street. This funding fund will take a further 15% of the 'Cule' membership's La Liga television rights.

This is the second economic lever activated with the aid of the club. Previously, Barça had already bought 10% in their tv rights for the next 25 years for 207.Five million.

Although Barça do no longer give an explanation for how tons money they will receive, 'Tiempo de Juego' stated that they may acquire three hundred million for this operation. Of this, 200 million would pass for reinforcements this summer.

Joan Laporta, the club's president, assessed the transaction in a announcement posted at the membership's website: "We maintain to improve our approach and are delighted to have completed this settlement with Sixth Street, which presents us with a widespread growth in our financial power. We have engaged and collaborated with a shared knowledge of what we are seeking to reap for our group".

This investment organization, explains the entity, has extra than 70,000 million euros in assets and is devoted to analysing information and its subculture with a view to broaden funding themes, consequently providing solutions to companies seeking to develop.

Barça have made two actions nowadays. All to raise money to conform with the 'Financial Fair Play' with out negatively affecting the group's overall performance on the pitch.

 

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