BarcelonaThe first two economic levers activated by Joan Laporta this summer involved the sale of 25% of the League’s television rights for 25 years to Sixth Street, an American investment fund. The club did the operation in two phases: first it got rid of 10% and then the remaining 15% of this percentage of 25% that the compromise partners gave it permission to sell. Because of this, Sixth Street paid 519 million euros to the Barcelona club. But in the accounts of the Catalan entity, this sale of assets counts as an income of 667.5 million (split between the years 2021-2022 and 2022-2023), a figure that has allowed the board of Laporta to budget 1,300 million revenue for the current financial year, wipe out the negative net worth and thereby bolster the squad with several top-tier players with the aim of once again challenging for all the titles.
the extra cost of Barça’s television leverage
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