Barcelona is reportedly making major moves to dig itself out of the $1.57 billion in debt it revealed last year — and the fact that it was technically bankrupt, according to Deloitte.
The club hopes to use new funds for signings — and to help its balance sheet at the end of June, according to Forbes. The roughly $420 million it’s seeking would come from two deals:
- The club is looking to offer up 49% of Barca Licensing and Merchandising to Fanatics and Investindustrial, per 2Playbook. The funds would be distributed throughout a decade-long period.
- The team is also auctioning off 49% of Barca Studios, per Mundo Deportivo. Barcelona has been looking to sell part of Barca Studios since at least October of 2021.
Additional Financial Boons
In March, Barca signed a reportedly lucrative partnership with Spotify that included naming rights for Camp Nou and kit sponsorships.
And last year, members voted for a $1.69 billion renovation plan for Camp Nou, which the club estimates will eventually pay out $225.7 million in revenue each year.
Previously, Goldman Sachs lent the team $605 million.
However, Barca still hasn’t agreed to a cash infusion from the deal between La Liga and CVC Capital.
