Image Credit - Barcelona Twitter
A year after being forced to let Lionel Messi go, Barcelona is selling assets to sign new players. Barca spent 153 million euros on transfer fees alone to strengthen their squad. Robert Lewandowski is the latest arrival in the Spanish club.
“This is a really exciting season. Nothing would give me more pleasure than to make all fans happy,” coach Xavi Hernandez said. This was during last week’s 6-0 friendly win over Mexican side Pumas UNAM.
Faced with limits on spending to comply with La Liga’s financial controls, Barcelona needed to raise money quickly to be able to invest in any signings. They sold assets to bring in money by activating economic “levers”. The club sold 25 per cent of their domestic television rights to US investment firm Sixth Street for 400 million euros.
Barcelona sold 24.5 per cent of Barca Studios to Socios.com for 100 million euros on August 1. They send another 25 per cent to US investment firm GDA Luma for 100 million euros. Barca also signed the biggest sponsorship deal in their history with Spotify, bringing in a reported 435 million euros for the music streaming giant to feature on the club’s shirts and to have naming rights.
The Legends Charity game will get underway on 15 September featuring some of the biggest names in…
Malaysia has produced some of the best badminton players in the world. They have enriched…
Most ODI Hundreds: In international cricket, One Day Internationals (ODIs) remain a platform where heroes…
Inigo Martinez Set to Join Cristiano Ronaldo at Al-Nassr After Shock Barcelona Exit Barcelona’s transfer…
In the Anderson-Tendulkar Trophy, India had drawn the series with a dramatic win by 6…
Ballon d’Or 2025: “Leaked” Winner Has Set the Internet on Fire The 2025 Ballon d’Or…
This website uses cookies.