Football Today
·9 August 2023
Barcelona’s latest economic lever of €180m approved by La Liga

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·9 August 2023
Barcelona have reportedly activated an economic lever that will see them receive a huge €180 million.
According to Gerard Romero, the Catalans have reached an agreement with Mountain Nazca, a private equity fund from Mexico, for the sale of 49 percent stake in Barca Studios.
The sale will generate a massive €180m for the Spanish outfit, of which €30m will be paid this summer.
It is said the La Liga have also approved the Blaugrana’s latest economic lever.
Barcelona sold two 24.5 percent stake in Barca Studios to Socios and Orpheus Media last year in exchange for €100m from each company.
But the two firms only paid €10m each and they missed their deadlines in June, asking for more time to release their €30m instalments.
That prompted the Catalans to look at other options, and now they have reached an agreement with Mountain Nazca for the 49 percent stake of their media arm.
The latest development will help them register their players as they currently have only 13 registered.
Barca are also set to receive an economic boost from selling Ousmane Dembele and Franck Kessie to Paris Saint-Germain and Saudi outfit Al-Ahli.
Dembele is on the verge of joining PSG after they triggered the Frenchman’s €50m release clause.