FC Barcelona have activated their second economic lever, handing them a cash injection of upwards of 300m euros (Β£254m).
The Spanish club have been taking measures to remain financially strong this summer, by selling off parts of future revenue in return for immediate investment with a company called Sixth Street.
And, in a statement, the Camp Nou outfit revealed that their second sale means that the company will now receive 25% of Barcelonaβs La Liga TV rights for the next 25 years.
βFC Barcelona today announced an additional investment from Sixth Street, a strategic investment firm with significant experience in global sports and media, which follows the firmβs previously announced acquisition of 10% of the Clubβs LaLiga TV rightsβ, they wrote.
βWith this second transaction, FC Barcelona has sold an additional 15% of the Clubβs LaLiga TV rights. In total, Sixth Street will receive 25% of the Clubβs LaLiga TV rights for the next 25 years.β
FC Barcelona and @SixthStreetNews reach agreement for the acquisition of an additional 15% share of the Clubβs LaLiga broadcasting rights
MORE INFO π https://t.co/PUwYrMUEh9 pic.twitter.com/WwDW4eX8mX
β FC Barcelona (@FCBarcelona) July 22, 2022
Spending to follow?
Despite seemingly operating on a shoestring budget, Barca have already spent Β£140m on three players in 2021, recruiting a further 3 on free transfers.
It seems that on this occasion, however, it may be a step too far, with journalists in both Spain and England suggesting that Chelsea are growing in confidence over a deal for the Frenchman.
Chelsea now believe theyβve won the race for Jules Kounde. Barca still havenβt formally bid & accept they canβt match #CFCβs offer. Sevilla & Chelsea have an agreement with only minor points being finalised. Personal terms to Kounde preferable to what Barcelona offered, too.
β Ben Jacobs (@JacobsBen) July 22, 2022
It is believed that Barcelona have a list of alternatives to the defender, while they are also intent on signing Manchester City midfielder Bernardo Silva this summer.
Read more:
Ten Hag sends transfer message to Manchester United ahead of new season
Fridayβs transfer rumours: Martial, Wijnaldum, Kounde, Dennis and more