FC Barcelona Finances

[FinBarcelonafan]

Don?t care about leeway for this summer, as long as we make our economic foundation more sound, it is good.

Good point. If we waste money on another Coutinho and Dembouz, it doesn't help much.

But great news!

 

[Sterlingfan2000]

Barcelona are seeking new means of financing the club after the collapse of the European Super League left them with a €350m hole to fill. Talks are ongoing with investment funds from the United States, Asia and Europe regarding a loan with a favourable repayment plan. [espn]

 

[Sterlingfan2000]

Of the club's €1.173bn gross debt, €265m was owed to banks before June 30, per the club's latest accounts. However, a more staggered repayment plan has been agreed upon with some of the noteholders of that debt. Laporta has buyed time [espn]

 

[Sterlingfan2000]

Laporta is yet to make an offer of a contract extension to Messi, preferring instead to wait on more details on the club's accounts before playing his hand. Barcelona are limited with Salary demands of Messi [ ESPN ]

 

[Prodi]

400 million lost this year if we dont sell Barca Corporate.

So... same squad for next year.

https://twitter.com/lesportiuCAT/status/1387661454023798785

 

[Luftstalag14]

I'd like to see where the 400m figure comes from.

 

[Sterlingfan2000]

400 million lost this year if we dont sell Barca Corporate.

So... same squad for next year.

https://twitter.com/lesportiuCAT/status/1387661454023798785

Wow wtf. That rat Barto destroyed us

 

[Luftstalag14]

The Bar?a team values ​​an operation of 500 million euros , which would allow it to amortize the 200 million it has in bonds and another 280 million corresponding to different financial entities, according to Expansi?n.

Bar?a has several proposals that it is currently evaluating, looking for the one that allows it to refinance the debt with a lower interest rate as well as extend the terms , with the intention that it be for at least five years.

Ferran Reverter, CEO, and Eduard Romeu, economic vice president, are working to specify the best option to prepare a proposal that must be submitted to a vote of the partners in a meeting that should take place before the end of this fiscal year.

https://www.palco23.com/clubes/el-fc-barcelona-negocia-refinanciar-500-millones-de-deuda.html

 

[Luftstalag14]

We ranked 4th in Forbes' World’s Most Valuable Sports Teams, on par with Real Madrid (5th). American sports teams enjoy an overwhelming advantage due to their huge (in my opinion inflated) domestic TV deals that dwarf any football/soccer TV deals, even though these American sports have very little appeal outside North America and few overseas markets to speak of.

https://www.forbes.com/sites/forbes...s-most-valuable-sports-teams/?sh=39f68e2b11ec

 

[DonAK]

Only reason Knicks are that high is because they're in New York.

 

[cro-man]

President Laporta has secured a loan from an American investment bank which will allow him to use ?100 million ($122m) to settle outstanding payments owed to the players. [espn]

 

[Prodi]

500M loan.

The club gets a loan from the US investment group that allows it to restructure the debt and save the delicate situation in the short term.
One of the first objectives was to reorganize the club's debt, which is, according to the latest financial report, 1,173 million euros, 730 of which should be settled in the short term. Bar?a owes, among other things, 265 million euros to the banks and about 160 to the club's sports staff. In addition, it has to deal with the issuance of bonds, worth 200 million euros, made by the previous board chaired by Josep Maria Bartomeu.
And the work that has been done in recent weeks has already borne fruit. The club has secured a loan of 500 million euros to refinance part of this debt. The entity that will help the club will be Goldman Sachs. The American investment fund has offered great conditions to the club. "Much better than any bank could offer," they explain from the club.
The loan of 500 million euros already negotiated with Goldman Sachs "will give air and stability to the club", they explain from Bar?a. "We can be calm this season and next. We’ve put ourselves in the worst of scenarios, not getting audiences in the stadiums all next season. Even if it were like that, we can be calm after this operation ”.

Of this loan of 500 million euros, Bar?a will receive 100 million immediately, with which it will be able to meet its contractual obligations before the end of the season on 30 June.

The club considered selling the naming rights to Camp Nou and there remains an option to sell a stake in Barca Corporate -- a business that houses the Barca Academy, Barca Innovation Hub, Barca Licensing and Merchandising (BLM) and Barca Studios -- but a source says the loan has bought the club some time.

https://www.lesportiudecatalunya.ca...n-sachs-ajudara-el-barca-amb-500-milions.html
https://www.espn.com/soccer/barcelo...-pay-off-100m-in-wages-with-bank-loan-sources

 

[Luftstalag14]

I wonder how much of the 500m we are getting is new debt, that is, money secured not to pay off and refinance current debts we own, and is getting added to our total debt/liabilities portfolio.

It is a positive step nevertheless, as we need to deal with those short term debts that will be due at the end of June and also make sure players are paid. Also I'd rather we take these loans than selling us controls over crucial assets like Barca Corporate.

 

[Devils]

When is he going to issue those Bonds that he was talking about in the campaign? I want to buy some and eventually make money off of Barca's misery.

 

[DonAK]

When is he going to issue those Bonds that he was talking about in the campaign? I want to buy some and eventually make money off of Barca's misery.

I think that plan is scrapped for now.