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Barcelona looks for money to avoid Tebas

2022-06-16T10:42:59.333Z


Barça wants to approve in the extraordinary assembly the sale of three club assets to obtain 700 million euros to alleviate its delicate economic situation


Barcelona appears this Thursday in front of a new key extraordinary assembly for its economic future, punished by a crisis that, according to the president, Joan Laporta, has left "the club in a terminal situation".

“We are working to clean up Barça.

If the compromising partners and partners approve the two operations that we have, we will have good news and we will be competitive”, requested the maximum Barça manager.

The Catalan entity will put to a vote the authorization of the sale of 49% of BLM —Barça Licensing & Merchandising, a

retail company

of club—, as well as the permission to cede to one or more investors 25% of the television rights.

Barça, in addition, has in the folder to transfer a percentage of Barça Studios (audiovisual business unit).

The goal of the Barça board of directors is to enter close to 700 million euros for the three assets.

An amount that would allow him to free himself from the pressure of LaLiga.

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"We do not want any more problems with Thebes," they warn from within the economic area.

The Barça club has time until July 31 to reverse its financial situation, after closing the last year with losses of 481 million.

A context that limits him before the employer that, to make the economic control, takes into account the estimated income, less the budgeted non-sports expenses.

This result is deducted from accumulated profits or losses.

Consequently, the body that presides over Tebas left Barça with a negative salary limit (-144 million) in the last market.

So, if Barça erases the red numbers from its assets, it will forget about LaLiga's restrictions on signing.

But the Barça board not only wants to regularize its situation with LaLiga before July 31.

He also wants to leave the year of the 2021-2022 campaign positive and for that he has time until the end of the month.

At this time, in the economic area of ​​​​Barcelona they calculate that the losses this season are around 120 million.

"It is important to activate one of the three economic levers as soon as possible," they explain from the club.

Barça estimates that it can get 270 million for television rights, 200 for Barça Studios and 235 for BLM.

In other words, if one of the three operations takes place, this income statement will end with a profit.

"There is another fundamental issue: the wage bill," they highlight in the economic area.

Barcelona spends 560 million on the first team.

“Mateu [Germany, director of football] has done a great job.

We have lowered it by more than 150 million.

We are on the right track, but it is not enough.

Bayern's, for example, is 300 and Real Madrid's is a figure close to 400″, stressed Eduard Romeu, Barça vice president.

The club has already negotiated downwards the renewal of Sergi Roberto and intends to speak with the rest of the captains: Piqué, Busquets and Jordi Alba.

According to what was published by

L'Équipe

, the Catalan central defender's salary is 2.3 million monthly.

"Salaries are totally disproportionate and inflated," added Eduard Romeu on TV3.

It happens, in any case, that Barcelona is not only conditioned by current salaries.

It is also tied to money owed to players and former players, including, for example, Lionel Messi.

“The deferrals are a burden that we have to liquidate”, they insist from the offices of the Camp Nou.

Barça owes close to 160 million in this game.

“That is also a salary mass”, the same sources remark.

The intention of the club, once the liquidity has been obtained with the sale of the assets that it will seek to approve in the assembly, is to stand up to the footballers and offer them 60% of what is owed.

“We will close at 70% or 75%.

If they don't like it, they can sue us”, they conclude in the economic area.

Barça seeks to close its economic imbalance, but first it needs to sell.

And they are not players.

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Source: elparis

All sports articles on 2022-06-16

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