Wednesday September 27, 2023

Barcelona Eyes Two Deals to Help With Financial Woes

  • The club will hope to use new funds for signings — and to help its balance sheet at the end of June, according to Forbes.
  • The roughly $420 million would come from two deals.
FC Barcelona
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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.

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