Barcelona Refutes Claims of €65m Economic Lever Falling Through – Fc Barcelona News

Barcelona Refutes Claims of €65m Economic Lever Falling Through

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Barcelona has firmly denied recent reports suggesting that a crucial source of financing has fallen through. According to MD and Esport3, a German investment fund had been set to acquire a 16% stake in subsidiary Barca Studios for a substantial €65 million. However, just 11 days before the start of the new season, rumors emerged that the investment fund was withdrawing from the deal.

The situation was particularly concerning for Barcelona as they had already resold the shares in the company after reaching agreements with Orpheus Media and Socios to postpone their payments, amounting to €100 million each. Therefore, the upfront payment from the investment firm was crucial for the club to have the financial capacity to register new players or finalize new contracts. With only 13 players currently registered with La Liga, the club’s options were limited, and securing the financial lever was of utmost importance.

However, sources from the club have swiftly refuted these reports, asserting that the deal remains on track for completion. They claim that all the necessary steps are being taken to finalize the agreement, and that La Liga has been kept fully informed throughout the process. According to these sources, the completion of the deal is expected to take place once the directors return from Barcelona’s preseason tour in the USA, which is scheduled for Wednesday.

Moreover, Barcelona’s representatives have reportedly received the green light from La Liga to register new players as soon as the deal is officially closed. The football league has accepted this deal as part of their viability plan for the club.

As the start of the La Liga season approaches in less than two weeks, fans eagerly await the outcome of this situation to see if the reports of the deal’s completion were indeed accurate or if there are further developments yet to be confirmed. Barcelona’s ability to secure this financing and navigate their financial challenges will significantly impact their capacity to strengthen the squad and compete at the highest level in the upcoming season.

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