• Loading stock data...
Friday, November 22, 2024

Barcelona Could Activate ‘Super’ Economic Lever

  • The main feature would be a 49% sale of Barca Licensing & Merchandising.
  • Spanish authorities are charging Barcelona with corruption in connection to allegations that it bribed referees.
FC Barcelona president, Joan Laporta, speaks during a presentation at the Spotify Camp Nou stadium.
FC Barcelona

Even amid financial troubles and allegations that it bribed referees, FC Barcelona sits at the top of the La Liga table — and continues to find ways to spend.

The club is currently preparing a $265 million “super” economic lever that would allow it to alleviate its financial woes and sign new players over the summer.

The main feature would be a 49% sale of Barca Licensing & Merchandising — a deal that almost happened last summer for $211.5 million when a consortium led by Fanatics and Investindustrial almost purchased the share.

Barcelona president Joan Laporta popularized the term “lever” ahead of last season, when the club sold portions of its future TV rights to fund a $167 million spending spree on players such as Robert Lewandowski — who leads La Liga with 15 goals.

A view of the FC Barcelona stadium

Prosecutors Investigating Barcelona Over Ref Bribery Allegations

Barcelona is in the crosshairs of Spanish prosecutors regarding referee bribery allegations.
March 8, 2023

Even if this new super-lever comes to pass, the club may not be able to avoid controversy — economic or otherwise.

Following a formal investigation that began earlier this week, Spanish authorities announced that they are charging Barcelona with corruption in connection to payments made to former vice president of La Liga’s refereeing committee Jose Maria Enriquez Negreira, who was also charged with corruption.

Former club presidents Josep Maria Bartomeu (2014-2020) and Sandro Rosell (2010-2014) are also facing individual corruption charges.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Indiana Fever guard Caitlin Clark (22) smiles while answering a question Tuesday, Sept. 17, 2024, after an Indiana Fever practice at Gainbridge Fieldhouse in Indianapolis.

Caitlin Clark a ‘Vital’ Part of Cincinnati NWSL Bid As League Expands

The WNBA superstar has joined an NWSL expansion bid in Cincinnati.
Nov 16, 2024; Washington, District of Columbia, USA; Washington Spirit forward Trinity Rodman (2) celebrates after defeating NJ/NY Gotham FC in a 2024 NWSL Playoffs semifinal match at Audi Field. Mandatory Credit:

The Washington Spirit’s Business Makeover Carried Them to the Finals

The team’s return to the NWSL championship looks a lot different from 2021.

Rays $1.3B Ballpark Plans Stalled by Bond Delays, Hurricane Fallout

St. Petersburg officials vote to delay bonds for a new ballpark.
podcast thumbnail mobile
Front Office Sports Today

What’s Next for Hapless Jets?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’
Teahupo'o Tahiti Surfing
July 26, 2024

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 25, 2024

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.