Barcelona set to trigger €205 million boost which will help them sign Lewandowski | OneFootball

A recent report from RAC1 has issued an update on Barcelona’s TV rights issue, suggesting the club could be in for a bit of a ride as they attempt to sell at least 10% of the rights by Thursday.

Earlier this month, the Barcelona assembly approved the motion of selling a quarter of the club’s TV rights deal in an attempt to generate revenue. Simultaneously, the assembly also approved the sale of 49.9% of BLM.

Among the two, the sale of TV rights is expected to generate significant revenue. The report from Helena Condis suggests Barça are set to reach an agreement with Sixth Street, an American investment group.

They will pay €205 million for 10% of the TV rights, which will help Barcelona close the 2021/22 season with profits.

The list of other suitors include global banking giants Goldman Sachs, along with other financial behemoths. But with just one week remaining before Barça kickstart their training for the new season, the club are certainly running out of time.

It will be imperative for the Catalans to sanction the sale of their assets as soon as possible, knowing the funds generated through the deal could go a long way in helping Barça cover their losses and bring in new players, starting with Robert Lewandowski.

Barcelona expect the situation to become clearer in the coming week, but given the current circumstances, the club are facing a race against time, especially if they continue to hold out for a hefty price tag for the TV rights.