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How is Barcelona affording new players? The club is over €1 billion in debt

FC Barcelona has worked actively to activate the economic levers used by the club to reduce the debt and have the margin to be able to make the signings they made in this summer market.

Laporta leads Barcelona's economic resurgence.
Laporta leads Barcelona's economic resurgence.

In total, five multi-million dollar levers were approved by the Commitment Assembly on June 16, related to television rights, the sale of part of the merchandising rights and Barça Studios and, finally, the revaluation of some land owned by the club.

Recently, Laporta announced the latest financial stunt during the presentation of Jules Koundé. Barça has sold 25 percent of Barça Studios to the company Socios.com for 100 million euros. Reportedly, the income will be used for registrations.

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The Barcelona president was optimistic about being able to register all signings and renewals before August 13, the date of the first league game against Rayo Vallecano. That would be achieved thanks, in part, to this third lever, which could give the club more breathing room in the current situation of having to sell important players to reduce the wage bill.

After selling 25 percent of the television rights for the next 25 years to Sixth Street, which brought in some €500 million for the club's coffers, the club has announced the third lever. These operations have brought huge relief to the Blaugrana economy, bringing approximately 600 million to the club, allowing them to assemble a promising squad for Xavi’s second season in charge.

New Barça partner

Socios.com, a company dedicated to the creation of 'tokens' and NFTs for sports entities, is incorporated as a new partner of the club, despite the fact that the president has confirmed that there is a buy-back clause in case it is needed.

Wilian Estrella

Journalist with more than 10 years of experience. Puma UNAM at heart. Fan of the most beautiful sport on the planet. I currently cover Liga MX, MLS, Premier League, Mexican National Team and USMNT. Always attentive to the latest world soccer news.+ info

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