Barcelona activated third ‘economic lever’ – but uncertainty over summer signings persists

Barcelona president Joan Laporta said on Monday that the club would activate a third “economic lever” by selling a percentage of production company Barcelona Studios, while also acknowledging that it was unclear whether La Liga would agree that they are now in a position to register their names. . Summer signatures.

Laporta said at a Jules Kounde unveiling event that Barcelona had agreed to sell 25 per cent of its Barca Studios arm to controversial blockchain-powered platform Socios.com, for €100m (£83.7m).

Laporta added that he hopes this agreement will enable the club to register all summer contracts. The Spanish club signed Pablo Toure, Frank Kessie, Andreas Christensen, Ravenha and Robert Lewandowski this summer as well as Conde.

Ousmane Dembele is not currently registered in La Liga as he is being treated as a new player because his previous contract expired before he eventually returns to the club.

the athlete I realized the deal with Socios had not yet been completed at the time of Laporta’s announcement, while any investment would not see Barcelona up front with €100m up front. However, the two parties have now announced the deal.

Despite his optimism, Laporta admitted he is not sure if he will allow Barcelona to register new signings under La Liga financial rules.

He replied when asked if the club’s third economic leverage would enable them to sign their new players: “I have a feeling we’re getting a job done, despite the challenges.”

“Interpreting the rules of fair play is not easy, and our competitors are taking advantage of the situation, saying this and that about Barcelona.”

He added, “I hope our interpretation will be the same as that of La Liga, and they will not prevent players from being registered. If not, we will find a solution. We are working on the departure of (undesirable players) but this is not an easy thing.”

Barcelona want to continue adding to their squad before kicking off their La Liga campaign with a match against Rayo Vallecano on August 13, and have been linked with Manchester City’s Bernardo Silva, as well as Chelsea duo Cesar Azpilicueta and Marcos Alonso.

But Laporta said the club was working on registering new signings before they returned to the market.

“First of all we need to make progress with the players who have already signed,” he said. “Then we’ll see if we can make the additions that the coach asks for.”

Barcelona has already announced two “economic levers” this summer.

At the start of the summer, the financially distressed club sold 10 per cent of its television rights over the next 25 years to Sixth Street, for a total capital gain of €267m (£228m, $272m).

Barcelona last month activated its second lever by selling an additional 15 per cent to the same company, which in total means Sixth Street has taken a total of 25 per cent of the club’s television rights deals through 2047.

Conde is the club’s sixth signing and they have spent over €150m on new players, but since Toure, Casey, Christensen, Ravenha, Lewandowski and Conde will not be able to represent Xavi’s side in the league this season.

(Photo: Getty Images)

go deeper

Explanation: Barcelona’s economic plans and summer transfers

Leave a Reply

%d bloggers like this: