Barcelona tried to buy back future TV rights income from THEMSELVES
2 years, 5 months ago

Barcelona tried to buy back future TV rights income from THEMSELVES

Daily Mail  

Barcelona were so desperate to satisfy LaLiga's financial fair play rules this summer that they bought their own TV rights future revenue from themselves, and tried to declare the deal as new income. Spanish radio station Cope revealed the perfectly legal manoeuvre and confirmed that LaLiga did not accept the artificially-inflated declared income, leaving the club still trying to find ways to register all their new signings. Barcelona bought their own TV rights future revenue from themselves to satisfy LaLiga's rules But LaLiga noticed and dismissed the artificially-inflated income, leaving Barcelona boss Xavi still without some of his summer signings due to financial fair play rules But a measure of how difficult the process has been can be seen in the way Barcelona structured one of their asset sell-offs this summer. Twenty-five per cent of Barca's future TV rights income were sold to Locksley with Sixth Street paying €517m for them for the next 25 years and Barca paying €150m to buy them back in 25 years time.

Future Barcelona Club Cent Laliga Barca Sixth Street Future Tv Rights  barca  cent  rights  laliga  financial  summer  future  club  tried  income  tv  barcelona  buy

History of this topic

Barcelona can’t afford players like Mbappe, Haaland, says Xavi
1 year ago

Barcelona can’t afford players like Mbappe, Haaland, says Xavi

The Hindu  

Barcelona can no longer afford to shell out huge sums in transfer fees for top players like Erling Haaland and Kylian Mbappe, coach Xavi Hernandez said. Barcelona forked out fees in excess of 100 million euros for Philippe Coutinho, Antoine Griezmann and Ousmane Dembele between 2017-19, but the club’s financial issues mean it is unlikely to splurge on big new …

UEFA Imposes Hefty Fine On Barcelona For Financial Rules Breach
1 year, 2 months ago

UEFA Imposes Hefty Fine On Barcelona For Financial Rules Breach

News 18  

Barcelona lost an appeal to UEFA against being fined 500,000 euros for misreporting income under financial monitoring rules, the European soccer body said Friday. UEFA’s club finance panel imposed the fine in July after Barcelona declared income in 2022 on profit from “disposal of intangible assets which are not a relevant income under the regulations.” FC Barcelona is fined €500,000 …

Barcelona Hit By La Liga's Spending Limit Cut
1 year, 3 months ago

Barcelona Hit By La Liga's Spending Limit Cut

News 18  

Barcelona were dealt a blow on Thursday when the Spanish champions’ spending limit for the season was cut to 270 million euros by La Liga. Barca spending limits slashed by La Liga https://t.co/TNycg84s4j— SPORT English September 14, 2023 Barcelona’s previous limit was 649 million euros, a figure inflated by the sale of future television rights income among a series of …

Barcelona hit by LaLiga spending limit cut
1 year, 3 months ago

Barcelona hit by LaLiga spending limit cut

The Hindu  

Barcelona was dealt a blow on Thursday when the Spanish champion’s spending limit for the season was cut to 270 million euros by La Liga. Barcelona’s previous limit was 649 million euros, a figure inflated by the sale of future television rights income among a series of financial “levers” the club pulled. “The whole medium and long-term strategy is set …

Barcelona sell over 29 per cent shares in Barca Vision for 120 million euros
1 year, 4 months ago

Barcelona sell over 29 per cent shares in Barca Vision for 120 million euros

Firstpost  

The sale also allows Barca to generate enough revenue to register their latest signings, such as Germany’s Ilkay Gundogan, and other key players like Ronald Araujo, just two days before the club’s league season opener against Getafe Barcelona have sold nearly a third of shares in the club’s digital platform Barca Vision for 120 million euros, the Spanish champions announced …

Barcelona’s big gamble was supposed to spark a ‘virtuous circle of success’. Has it?
1 year, 7 months ago

Barcelona’s big gamble was supposed to spark a ‘virtuous circle of success’. Has it?

New York Times  

“What happens in Vegas, stays in Vegas,” announced Barcelona president Joan Laporta as the Catalan club visited the world’s gambling capital during last summer’s pre-season tour of the United States. The first two levers saw US financiers Sixth Street buy 25 per cent of Barca’s La Liga TV rights over the next 25 years for €667m. Mortgaging the club’s long-term …

Barcelona Cannot Sign New Players in January Transfer Window: Club President
2 years, 1 month ago

Barcelona Cannot Sign New Players in January Transfer Window: Club President

News 18  

Barcelona president Joan Laporta said on Tuesday that the club may not be able to sign players in the January transfer window due to LaLiga’s financial fair play rules. Barca’s accounts are “healthy” again, Laporta said, with an expected income this season of 1.23 billion euros and a budgeted profit of 274 million. “We had to make some levers, which …

Barcelona faces Real looking to rebound from European disappointment
2 years, 2 months ago

Barcelona faces Real looking to rebound from European disappointment

The Hindu  

Barcelona's woeful European form has cast a shadow over its domestic resurgence, which will face the ultimate test on Sunday when it visits Real Madrid in a much anticipated El Clasico in LaLiga. However, its dreadful results in the Champions League have taken the shine off its domestic form and a 3-3 draw against Inter Milan on Wednesday left it …

What happens if Barcelona are eliminated from the Champions League?
2 years, 2 months ago

What happens if Barcelona are eliminated from the Champions League?

Daily Mail  

The consequences of Barcelona's early exit from the Champions League could be as far reaching as having to sell several players next summer with Frenkie de Jong back in the shop window and even out of favour Ferran Torres offered to potential suitors. Barcelona mortgaged its future during the last transfer window in order to spend £132m on new signings …

Barcelona Must Shed Veterans to Balance Books: Club Official
2 years, 3 months ago

Barcelona Must Shed Veterans to Balance Books: Club Official

News 18  

Barcelona won’t be able to reduce its salary burden to sustainable levels until several veteran players finish their contracts, the club’s financial vice president said on Thursday. While presenting the budget for this season, Eduard Romeu warned it will likely take another two seasons before Barcelona is able to get its player salary load within manageable limits. Barcelona finished the …

Barcelona Predict 1.3 Billion Euro Revenue For 2022-23 Season, Forecast 274 Million Euros Profit
2 years, 3 months ago

Barcelona Predict 1.3 Billion Euro Revenue For 2022-23 Season, Forecast 274 Million Euros Profit

News 18  

Barcelona have forecast revenue of 1.255 billion euros for the 2022-23 season, with a predicted profit of 274 million euros. Barcelona also sold 24.5 per cent of their Barca Studios production company to fan token firm Socios.com and the same amount again to Orpheus Media, for around 100 million euros each. These deals, plus the return of supporters in droves …

Barcelona 'forecast profits of £240m this season'
2 years, 3 months ago

Barcelona 'forecast profits of £240m this season'

Daily Mail  

Barcelona have forecast a profit of £240million this season, according to reports. The Spanish giants were forced to execute a handful of 'economic levers' this summer in order to boost funds and register new signings, even after LaLiga had increased their spending cap to £575m. Barcelona 'have forecast a profit of £240million this season' after rescuing the club's finances Club …

Barcelona sells more assets to clear Lewandowski for opener
2 years, 4 months ago

Barcelona sells more assets to clear Lewandowski for opener

Associated Press  

BARCELONA, Spain — Working against the clock, Barcelona sold off even more of its club assets on Friday so it could meet the Spanish league’s financial rules and clear Robert Lewandowski and other summer signings to play in its season opener. The troubled Spanish club was only able to ensure that its star signing will be available against Rayo Vallecano …

Barcelona Sell Off Assets to Make Signings in Attempt to Gain Force in La Liga
2 years, 4 months ago

Barcelona Sell Off Assets to Make Signings in Attempt to Gain Force in La Liga

News 18  

Barcelona’s attempts to establish themselves once again as a force in La Liga and the Champions League this season have seen the heavily-indebted Catalans gamble with their future to enable a striking summer spending spree. A year after being forced to let Lionel Messi go as eye-watering reported debts of 1.35 billion euros crippled the club, Barcelona have spent 153 …

Barcelona mortgages its future on quick resurrection
2 years, 5 months ago

Barcelona mortgages its future on quick resurrection

Associated Press  

BARCELONA, Spain — Crippled by debt and fielding a team that was no longer among Europe’s elite, Barcelona’s leadership decided there was only one alternative after watching Real Madrid sweep up the major trophies last season. With Barcelona about to close last season with a financial loss for the fourth straight year and no money to spend on transfers, club …

Barcelona sells part of its production hub for $102M
2 years, 5 months ago

Barcelona sells part of its production hub for $102M

Associated Press  

BARCELONA, Spain — Barcelona has sold part of its production hub for 100 million euros to boost its finances in a bid to use its newly signed players right away. Club president Joan Laporta announced Monday the club sold a 25% stake of Barça Studios to Socios.com, a blockchain provider in the sports and entertainment business. The money should also …

Barcelona sells 2nd package of Spanish league TV rights
2 years, 5 months ago

Barcelona sells 2nd package of Spanish league TV rights

Associated Press  

BARCELONA, Spain — Barcelona has sold a second package of its television rights to an American investment firm for an undisclosed amount as the Spanish club claws its way out of debt. Barcelona said Friday it had agreed to sell an additional 15% of income from TV rights from Spanish league games for 25 years to Sixth Street. That gives …

Explained: Barcelona’s economic ‘levers’ and summer transfer plans
2 years, 5 months ago

Explained: Barcelona’s economic ‘levers’ and summer transfer plans

New York Times  

It didn’t take long for the jokes to start on social media in Spain when it became apparent “levers” were poised to play a key role in Barcelona’s summer transfer activity. Barcelona’s Frenkie de Jong with fans in Australia last month Barcelona will receive €315million from the deal and, in total, the club has piled up around €522million through TV …

Barcelona Sell 10 Percent TV Rights For $215 Million
2 years, 6 months ago

Barcelona Sell 10 Percent TV Rights For $215 Million

News 18  

Barcelona on Thursday announced they had sold 10 percent of their Liga television rights for 25 years to U.S. investment group Sixth Street for 207.5 million euros. “Sixth Street will initially invest €207.5 million and in return will receive 10% of the Club’s LaLiga TV rights for the next 25 years,” Barca said in a statement. Catalan sports daily Sport …

Barcelona members approve sale of TV rights, merchandising
2 years, 6 months ago

Barcelona members approve sale of TV rights, merchandising

The Hindu  

Football Club Barcelona’s members have approved a plan to sell portions of the team’s television rights and future revenues from merchandise and licensing in hopes of injecting €600 million immediately into the debt-ridden Spanish club. Club president Joan Laporta said that the two measures were necessary to “generate profits and have positive equity” after two seasons of being unable to …

Barcelona members approve sale of TV rights, merchandising
2 years, 6 months ago

Barcelona members approve sale of TV rights, merchandising

Associated Press  

BARCELONA, Spain — Barcelona’s members have approved a plan to sell portions of the team’s television rights and future revenues from merchandise and licensing in hopes of injecting 600 million euros immediately into the debt-ridden Spanish club. Club president Joan Laporta said that the two measures were necessary to “generate profits and have positive equity” after two seasons of being …

How is Barcelona FC Trying to get its Finances Back on Track
2 years, 10 months ago

How is Barcelona FC Trying to get its Finances Back on Track

News 18  

Barcelona is back in the second tier of European football after nearly two decades of contending among the elite in the Champions League, a blow to its prestige and a further hit to its dire financial situation. DEBTS The club’s debt reached a whopping 1.3 billion euros, including almost 390 million euros related to player salaries and more than 670 …

EXPLAINER: How Barcelona tries to get finances back on track
2 years, 10 months ago

EXPLAINER: How Barcelona tries to get finances back on track

Associated Press  

MADRID — Barcelona is back in the second tier of European soccer after nearly two decades contending among the elite in the Champions League, a blow to its prestige and a further hit to its dire financial situation. DEBTS The club’s debt reached a whopping 1.3 billion euros, including almost 390 million euros related to player salaries and more than …

Barcelona: Xavi can salvage club's Champions League dream by beating Benfica
3 years, 1 month ago

Barcelona: Xavi can salvage club's Champions League dream by beating Benfica

Daily Mail  

No pressure Xavi, tonight’s game is only worth £10.4million to the club. Xavi can salvage Barcelona's Champions League dream by beating Benfica on Tuesday night Barcelona will earn £2.3m from winning on Tuesday night and the subsequent qualification to the next round will bring a further £8.1m. Benfica humbled Barcelona with a 3-0 win the last time the two sides …

LaLiga: New season gets underway amid financial cloud and without Lionel Messi – Firstpost
3 years, 4 months ago

LaLiga: New season gets underway amid financial cloud and without Lionel Messi – Firstpost

Firstpost  

The free transfer of Lionel Messi to Paris Saint-Germain on Tuesday drove home the financial turmoil that is eroding the power of Spanish football. While Messi is the biggest star to leave, and his former club Barcelona have been particularly cavalier in racking up debts estimated at 1.2bn euros, Spanish football has money worries. While Real are, once again, being …

Barcelona Can't Register Aguero, Depay or Sign Lionel Messi for New La Liga Season After Exceeding Salary Cap
3 years, 6 months ago

Barcelona Can't Register Aguero, Depay or Sign Lionel Messi for New La Liga Season After Exceeding Salary Cap

News 18  

It is not a secret that Barcelona‘s financial situation is in a mess. However, things turned bad to worse recently as reports emerged that they have been barred from registering their new signings for the upcoming La Liga season because they have exceeded La Liga’s salary limit. According to reports in Spain, to comply with La Liga’s pay ceiling and …

Barcelona are handed a £342m WAGE CAP by LaLiga - £77m less than rivals Real Madrid
4 years, 1 month ago

Barcelona are handed a £342m WAGE CAP by LaLiga - £77m less than rivals Real Madrid

Daily Mail  

Barcelona's wage cap has been reduced from £601million to £342m in the wake of the financial pressures caused by the Covid-19 pandemic. Barcelona's player wages took up around 61 per cent of the club's £940m income before the coronavirus pandemic took hold, meaning their current wage bill stands at around £573m. LaLiga have reduced Barcelona's wage cap for this season …

Spanish La Liga's TV Ad Revenue Rises as Fans Watch Remotely
4 years, 4 months ago

Spanish La Liga's TV Ad Revenue Rises as Fans Watch Remotely

News 18  

The Spanish football league’s TV advertising revenues for this season are up 20% from the previous season, its director for international development said on Friday, as fans unable to attend live matches watch on TV, boosting audiences worldwide. Spain’s La Liga has secured revenues from short ads and sponsorships worth 110 million euros for the 2020-2021 season, said Oscar Mayo, …

The great Spanish sale: LaLiga clubs prepare to cut wage-bills by selling star players
4 years, 7 months ago

The great Spanish sale: LaLiga clubs prepare to cut wage-bills by selling star players

Daily Mail  

When the president of LaLiga, Javier Tebas, told Spanish clubs last month: 'Forget about signings like the ones we have seen before, concentrate on bringing through youth players and recalling loans,' it sent a shudder through the board rooms of some of the top clubs in Spain. Real Madrid could be willing to let Gareth Bale leave for free in …

Barcelona's profits down despite record income of €990million
5 years, 5 months ago

Barcelona's profits down despite record income of €990million

The Hindu  

Barcelona has confirmed record revenues of €990million during the 2018-19 campaign, though the club's profits fell from 2018. Ernesto Valverde's side retained its LaLiga title last term, though the season ended in disappointing fashion with a Copa del Rey final loss to Valencia following a disastrous defeat to Liverpool in the Champions League semi-finals. Off the pitch Barca - which …

Discover Related