Barcelona Is Racing Against Time To Land Much-Needed Funds For The Upcoming Season
Barcelona is currently sitting amidst some economical heatwave and as per the latest condition, it isn’t something promising for the Blaugrana fans in the near offing either. However, given the current status of the team, the Catalans have started drilling together to raise more than $400 million that would help them to make new signings and get the accounts balanced before June 30th.
Going by the latest debt-release, Barcelona is enmeshed in a debt of $1.5 billion. Going by the likes of footballing contenders, they are lightyears behind their counterparts, Real Madrid and Manchester City when it comes to signing hefty names for the upcoming summer.
This is what the deal for Barcelona may look like
As reported by Forbes, the club is currently in talks of selling 49 percent of Barca Licensing and Merchandising (BLM) to a consortium spawned by Fanatics and Investindustrial which would give them €200mn ($209mn) panned out over 10 years.
Surprisingly, this news is a direct contradiction to the hearsays that stated this move was supposed to be revolving around Barca Studios and not BLM. Well, the deal regarding Barca Studios aren’t completely off as multiple business organizations are in line to bag the deal for the Barca Studios deal.
If the deal goes through, then that would help Barcelona raise a staggering $418.5 million, securing a couple of decent players to shape up the team’s fortunes.
More importantly, president Joan Laporta would be relieved if the deal goes through as the amount is pretty overwhelming while half of it can be taken care of to efface the club’s doubts.
Now the Catalans may be lured by the prospect of letting Frenkie de Jong go given the fact that it may land them an additional $100 million that will be almost one-third more than the club’s debt but then with Haaland, Mbappe and most of the illustrious stars gone, letting the Dutch wizard go can let the football team collapse in flames.