Barcelona’s transfer market progress has been hampered by the club’s continuous financial crisis, leading club president Joan Laporta to negotiate a slew of sponsorship deals in a bid to raise funds....CONTINUE READING
Earlier this year, the club agreed to an agreement with Spotify. According to Relevo, they are nearing a sponsorship agreement with CVC Capital, while Laporta is close to selling 49 percent of BLM.
These two transactions are estimated to bring in a total of roughly €740 million for Barcelona. However, a loan of roughly €270 million is possible, leaving around €470 million on the table.
The Catalans might use that money to reduce their losses, which totaled €700 million as of June 16.
However, according to the article, completing the CVC contract could mean saying “goodbye” to the UEFA Super League.
Barcelona, along with Real Madrid and Juventus, was apparently one of three clubs wanting to relaunch the Super League initiative after it received widespread criticism last year.
However, it looks that Barça will be ruled out of contention since they cannot risk further issues with La Liga while attempting to reduce their losses through a variety of sponsorship arrangements.
The club will be unable to survive on its own if it withdraws from all recognized European football competitions, including the Champions League. UEFA has already threatened to fine clubs involved in the ESL issue and should not back down this time.
In recent months, the Super League proposal has struggled to gain traction, with prominent clubs throughout Europe wary of participating and risking additional fan resentment.
