Few euphemisms as ugly as the one we have normalized since Barça’s critical situation required immediate financial solutions: leverage. None of the meanings that appear in the RAE dictionary has to do with the meaning that Barcelona has lately given to this term, in an attempt to positively sell something that is a kind of “rescue” or mortgage, or a mixture of both.
The statement that Barça has made public announces the agreement with the investment fund Sixth Street as a success. “We are activating the economic levers and executing our patient, sustainable and efficient strategy to strengthen the financial base of the club,” he says. Joan Laporta.
Exit?
Will it be a success to give up 10% of the television rights generated by Barça in the next 25 years? Not only that, the compromisers authorized The door to sell up to 15% more. Assuming that with these “solutions” (better than levers) the club manages to get out of the mud in which the previous meeting left it, the next president and the next ones, up to 25 years from now, will only be able to dispose of 75% of the income that generate the club in TV rights. Exit?
Of course, by then the crazy chips that Bartomeu deferred to get part of the brown off will have already been paid, endorsing it to the next…
The case of Atletico
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The dimension of Barça’s hole is understood on a day like today. Not even entering the 207 million that Sixth Street will inject can anyone register. More dose is needed.
It’s not the only one. It turns out that the penultimate League champion is also a mess economically speaking and would not pass the League controls exceeded 100 million. Surprise. It is so true that the rojiblancos have gotten into very high chips (Simeone, Oblack, Griezmann, Koke…) like the 10 years in Champions with the Cholo or the last League title should be enough income to not be in trouble. Of course, in the Metropolitano levers are not activated, soccer players are sold, which is a SAD.