Catalan media outlet Sport reports that Barça is facing a financial crisis due to the failure of a planned €40 million investment to materialize. The club urgently needs to find new investors to solve the situation, so as not to affect its operations in the transfer market.
Several media outlets had previously confirmed that a deal for Libero Fund to pay €40 million for 10% of “Barça Vision” had hit a snag, with the fund failing to pay the amount to Barça. This has caused significant difficulties for the club, particularly affecting its operations in the transfer market.
Now, Barça president Joan Laporta has confirmed the news, but assures that the club has a plan: “We will soon announce economic news related to us. I want to say that we have a series of investors, whose help will allow us to normalize (our financial situation).”
Sport learned from sources within the club that Barça aims to secure the €40 million investment within this week to cover last season’s losses. However, the club still needs to raise at least €60 million to cover the budget for the 2024-25 season and financial audits.
Currently, Barça has already secured around €30 million, with another €30 million being eyed by several investors, including streaming music company Spotify. The potential problem is that Spotify is a publicly listed company, so decision-making processes take time and may not be finalized by Barça’s deadline (August 15th). Of course, even if that happens, Barça won’t be overly worried, as it has other options. The biggest impact of this current situation on the team is that Barça’s signing operations will be affected until the financial difficulties are resolved.
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