2023-08-11 12:20:49
Barcelona Barça has announced, just two days before the debut in the League, the financial agreement that should allow the registration of the new signings and the players who could not yet play. The club has reported that “Libero Football Finance AG and private investment advisers NIPA Capital BV have become new partners in Bridgeburg Invest, a trademark of Barça Vision”. In other words, he has put order to the famous bar of Barça Studios, closed a year ago to be able to make the official registration of some signings, such as that of Robert Lewandowski. Until now, Barça only had 12 members registered for not complying with the regulations of fair play of the League. Now, this agreement and the departure of footballers such as Franck Kessie – already official – and Ousmane Dembélé – in Paris waiting to fully sign his departure to PSG – should allow Xavi to have the entire current squad at his disposal Hernandez Araujo was the first to complete the procedure.
Libero and NIPA have finally acquired 29.5% of the ownership of Barça Vision, which is the division of Barça Studios dedicated to the metaverse business, for 120 million, corresponding to a part of the stake that was in the hands of Socios.com and Orpheus Media. Barça Vision is an initiative of the institution to group all the actions associated with Web3, NFT’s and metaverses that are part of the strategy to build the Barça Digital Space. The operation is carried out through the company Bridgeburg Invest, which was established to this a year ago to sell these assets, and it originates from the fact that the financial income of 200 million reflected in the 2022-23 budget has not been fulfilled: the club has only collected 20, although both Socios and Orpheus maintain that they are up to date with the payment schedule.
The key to signing players lies in the money the Germans and Dutch release before September 1, which is when the market closes. Of the 120 million committed, 60 would be needed in the short term to unlock the incoming operation. If the amount falls below these 60, more departures of footballers would be needed to initial the pending registrations – a total of eight between signings and renewals – and aspire to make more additions to the squad. The explanation is that the 60 million was reflected in the viability plan approved by the League. On the other hand, if it is 120 million for 29.5% of the total business of Barça Studios, the ratio says that the club’s digital and audiovisual tailor’s drawer has a valuation of around 406 kilos and increasingly active under its umbrella.
Mountain & Co. I Acquisition Corp per buscar diners per a Barça Studios
The Germany-based company Libero is a specialist in comprehensive support to football clubs in matters of financing and profitability and offers advice and support in all financial aspects. For its part, NIPA, an investment company based in the Netherlands, “provides a unique and innovative vision in the process of accelerating the growth of companies and will continue to advise the entity in the future” according to the club’s statement , which recalls that “the sale of the share in Bridgeburg Invest was carried out in accordance with the authorization of the general assembly of members and partners of FC Barcelona held on October 23, 2021 and the participation of Socios.com and Orpheus Media as minority partners on October 9, 2022”.
At the same time, Barça has also announced the agreement with Mountain & Co. I Acquisition Corp, a firm based in the Cayman Islands, listed on the Nasdaq and specialized in investing in technology companies and emerging sectors. The agreement, according to the entity, “is focused on enabling Barça Vision and Barça Media to access specific financing in the new North American capital markets that will accelerate the club’s initiatives in the digital sector and be able to disseminate Barça’s content Reach new audiences in strategic markets for the club worldwide.” In addition, Barça “expects that the two businesses [Vision i Media] become a significant source of income for the club with an estimated valuation of approximately €910 million.”
As reported The confidential, the exclusive financial advisor for this latest operation is Key Capital, the company of Anas Laghari, who is most trusted by Florentino Pérez and who already participated in last year’s leveraging. The partnership with Mountain & Co. | Acquisition Corp, which still needs to be ratified by the arbitrators, involves taking the Vision and Media projects (under the umbrella of Barça Studios) to the American stock market so that they can be subsequently acquired, which may cause the ownership of the same to cease to be of Barça, regardless of the four partners who have now put money to finance them (Socios, Orpheus, Libero and NIPA).
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