Want more from Front Office Sports
in your search results?
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.
Download the FOS App
The business of sports, in your pocket.
Scan the QR code to get the app now.
