FC Barcelona Finances

[Porque]

The CVC deal was 8,2% for the next 40 years of TV rights. Now reportedly rejected, there will be an assembly in June on whether to sell the 25% of TV rights for 740m for unclear period to unknown partner, which I don't think is CVC.

What's the odds that a % of this company setup includes Laporta and a few of his board cronies.

 

[Windhook]

What's the odds that a % of this company setup includes Laporta and a few of his board cronies.

Don't know. Hope Laporta learned a lesson from his two previous peers who ended up clients of Spanish authorities.

 

[Pramodkumarca]

So again it comes down to whether Laporta's independent deal will count as income or debt, leveraging the fact that the CVC is accounted as income. Mentioned this a few days ago.

25% is alot of equity [of the tv rights], but with the right partner could go for a huge amount.

it does count as income but not for the current period but spread across the year of the deal. but it has an impact on the cash availability and decreases borrowing effect the expected wage level - a problem with this deal it affect your future borrowing ability and your future valuations vary significantly -

the main reason for CVC deal was that most of the clubs have zero borrowing ability mean that they have no asset as collateral ( existing asset are all pledged )- in this deal, the collateral is your future income, just for thought if a club has taken CVC deal and relegated to two division then it has pay the value of CVC deal with interest which s very high

 

[Messigician]

Is Spotify deal just useless?

 

[Messigician]

it does count as income but not for the current period but spread across the year of the deal. but it has an impact on the cash availability and decreases borrowing effect the expected wage level - a problem with this deal it affect your future borrowing ability and your future valuations vary significantly -

the main reason for CVC deal was that most of the clubs have zero borrowing ability mean that they have no asset as collateral ( existing asset are all pledged )- in this deal, the collateral is your future income, just for thought if a club has taken CVC deal and relegated to two division then it has pay the value of CVC deal with interest which s very high

Ay

 

[Messi983]

I've got a great idea, let's give Roberto a contract extension amidst all these financial troubles. You know, Roberto...the player who's been fit for 5% of our matches in 2 years

I agree. Better give an extension to Busi, you know, the player who has played 99% of minutes last season.

 

[SeloBarca]

He should say the numbers so we can actually see the amount of money Busquets, Alba, Pique, Umtiti, Martin, Pjanic, Lenglet get every month. A fucking disgrace. The worst of all is the fact that only Busi has one year left on his contract. Martin, Pjanic, Alba and Pique have 2 more years left. What's even worse is that Umtiti and Lenglet have contracts until 2026!!!!!!!!!!!!!!

Furthermore, we probably want to get rid of FDJ because of his salary. As far as I can remember he has the biggest salary in the squad. By selling him we would earn around 80 mil but we would also significantly lower our salary expense.

We could all see that Barto made signings for way to high salaries to save his own face and pushed all the problems onto the next board.

 

[Windhook]

We could all see that Barto made signings for way to high salaries to save his own face and pushed all the problems onto the next board.

Barto was a bad negotiator. I remember he personally led negotiations for Dembele and Coutinho. Also Messi's galactic contract. Genius stuff. Like me cheating in Football Manager, giving in on other clubs full demands to buy players at any cost.

 

[serghei]

Is Spotify deal just useless?

Spotify deal helps you with this season's books (besides, it's not like pre-Spotify we didn't have a shirt deal, we did). It won't help you retroactively with the 481m losses from the 2020-2021 season. That immense loss is dragging us down like a barbell tied to our legs. It will probably stop us from spending serious money on improving our squad for the next 3-4 years until it's stripped from salary cap calculations.

It's either we struggle for 3-4 years with what we have and just some cheapo signings here and there, or we pawn the club's future for 30-40 and roll the dice. I'd personally tough it out for 3-4 years, as we've shown we're still top 3 in Spain and we can compete.

Laporta is probably upset and a bit desperate because it's more and more looking that his whole mandate will be to scrape down the shit Bartomeu left behind. Janitorial work for 3-5 years while Madrid win CLs must not be pleasant considering Laporta built arguably the greatest team ever not that long ago. This situation must be eating at their pride and ego badly. For both Laporta and Xavi.

 

[Luftstalag14]

Yup, rather bite the bullet and suffer for the next several years than handicapping our future.

Let's see what Laporta will do and can do, not having high hopes. Eventually we will need somebody who has good business sense to run the club, not a politician. That said, certainly not all businessmen/women are the same, Bartomeu is one but he brought us this mess.

 

[DonAK]

Our wage bill is apparently over 100m higher than Real Madrid's currently, and that's without Messi.

In what world does this make any sense?

 

[DonAK]

Reportedly negotiating with Bank of America. 600m for presumably 25% of our TV rights for 25 years.

 

[Richard.H]

Reportedly negotiating with Bank of America. 600m for presumably 25% of our TV rights for 25 years.

Is there even a BoA outside of US territories? I do find it weird why Barca would choose them as a sponsor if there are no banks in Spain (unless there is some company in Spain that's under the BoA umbrella).

 

[DonAK]

Is there even a BoA outside of US territories? I do find it weird why Barca would choose them as a sponsor if there are no banks in Spain (unless there is some company in Spain that's under the BoA umbrella).

They won't be our sponsor though. They'd essentially be buying a percentage of our TV rights for an x amount of years.

 

[serghei]

These deals sound like shit most of them, but that CVC deal based on what I've read a whole new dimension.

It's as if shits could take a shit themselves.