FC Barcelona have activated their second economic lever, handing them a cash injection of upwards of 300m euros (£254m).
The Spanish club have been taking measures to remain financially strong this summer, by selling off parts of future revenue in return for immediate investment with a company called Sixth Street.
And, in a statement, the Camp Nou outfit revealed that their second sale means that the company will now receive 25% of Barcelona’s La Liga TV rights for the next 25 years.
“FC Barcelona today announced an additional investment from Sixth Street, a strategic investment firm with significant experience in global sports and media, which follows the firm’s previously announced acquisition of 10% of the Club’s LaLiga TV rights”, they wrote.
“With this second transaction, FC Barcelona has sold an additional 15% of the Club’s LaLiga TV rights. In total, Sixth Street will receive 25% of the Club’s LaLiga TV rights for the next 25 years.”
FC Barcelona and @SixthStreetNews reach agreement for the acquisition of an additional 15% share of the Club’s LaLiga broadcasting rights
MORE INFO 🔗 https://t.co/PUwYrMUEh9 pic.twitter.com/WwDW4eX8mX
— FC Barcelona (@FCBarcelona) July 22, 2022
Spending to follow?
Despite seemingly operating on a shoestring budget, Barca have already spent £140m on three players in 2021, recruiting a further 3 on free transfers.
It seems that on this occasion, however, it may be a step too far, with journalists in both Spain and England suggesting that Chelsea are growing in confidence over a deal for the Frenchman.
Chelsea now believe they’ve won the race for Jules Kounde. Barca still haven’t formally bid & accept they can’t match #CFC’s offer. Sevilla & Chelsea have an agreement with only minor points being finalised. Personal terms to Kounde preferable to what Barcelona offered, too.
— Ben Jacobs (@JacobsBen) July 22, 2022
It is believed that Barcelona have a list of alternatives to the defender, while they are also intent on signing Manchester City midfielder Bernardo Silva this summer.
Read more:
Ten Hag sends transfer message to Manchester United ahead of new season
Friday’s transfer rumours: Martial, Wijnaldum, Kounde, Dennis and more
