Javier Tebas (LFP President)
- Thread starter El Flaco
- Start date
JamDav1982
Senior Member
Giving up 25% of tv right is insane.
The Socios cannot put that burden on future of club when already struggling with tv contracts against EPL already.
Be giviing up 40m odd a season to Real for 40 odd years for what? Some 30 year old players that still wont have Barca competing to CL?
Would rather sell FDJ/Gavi/Araujo etc than that and take chances at top four.
The Socios cannot put that burden on future of club when already struggling with tv contracts against EPL already.
Be giviing up 40m odd a season to Real for 40 odd years for what? Some 30 year old players that still wont have Barca competing to CL?
Would rather sell FDJ/Gavi/Araujo etc than that and take chances at top four.
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Luftstalag14
Culé de Celestial Empire
Tebas is basically blackmailing the club to sign with CVC, and if we do, we essentially back out of the ESL. That's what Tebas is aiming at. From the news today, it looks like he is succeeding, as we are likely going to have to sign with CVC, and potentially ceding away another 15% of future TV rights to Goldman Sachs, altogether 25% of future TV rights. Too much for too little money.
https://www.2playbook.com/clubes/ba...otro-10-tv-cvc-por-540-millones_8359_102.html
https://www.2playbook.com/clubes/ba...otro-10-tv-cvc-por-540-millones_8359_102.html
The other issue is that LaLiga have to agree and decide whether the goldman sachs loan counts as profit or not. Obviously this is challengable as they are counting their CVC deal as profit, but it would be a long egregious process to challenge.
jamrock
Senior Member
Lol
JamDav1982
Senior Member
Going to be at a massive financial disadvantage against Real and wealthy leagues if agree to give away 25% of tv money for 40 years.
How on earth is that a better alternative than letting in external investment or just selling off players now and trying to rebuild over next few years?
Ridiculous.
How on earth is that a better alternative than letting in external investment or just selling off players now and trying to rebuild over next few years?
Ridiculous.
jamrock
Senior Member
The agreement between Bar?a and LaLiga CVC for a loan!! of 270 million in exchange for the fund billing 8.2% of the profits from the exploitation of TV rights for 50 years.
a loan of 270 million euros will be signed at a zero interest rate that will be computed as equity
A loan disguised as equity at least 2 playbook is smart enough to see it, as they would be.
La Liga could just as easy see the Goldman sacks loan as equity/profit but choose not to become tebas is trying to kill us.
It's a shit deal, but one you sign if you will go into next season with a front line of
Aubameyang, fati, ferran, depay.
It's a desperation play & we are in desperation mode.
a loan of 270 million euros will be signed at a zero interest rate that will be computed as equity
A loan disguised as equity at least 2 playbook is smart enough to see it, as they would be.
La Liga could just as easy see the Goldman sacks loan as equity/profit but choose not to become tebas is trying to kill us.
It's a shit deal, but one you sign if you will go into next season with a front line of
Aubameyang, fati, ferran, depay.
It's a desperation play & we are in desperation mode.
Luftstalag14
Culé de Celestial Empire
If Goldman Sachs is buying 15% share of future TV rights via a company we set up, I can't see that not being counted as income (as opposed to debt), unless Tebas and those La Liga fucks try to fuck with us.
JamDav1982
Senior Member
Rather go in with that front line than signing the deal that will put Barca at a disadvantage for 40 years.
The desperation to compete next season should not impact the future of club to that extent.
There is no 'loan disguised as equity' and to make comments as if go and get loan would be same was moronic. It is as was being reported at begnining of season as counted as income as was always discussed and not comparable to a loan.
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jamrock
Senior Member
That's exactly what they are trying to do,setup their cvc loan as equity/profit, but kill any ideas we come up with that is essentially the same thing, to force our hand.
Luftstalag14
Culé de Celestial Empire
Agreed. If the TV pie grows bigger and it should, we will lose even more money every year and be further paralyzed and behind Madrid. Great way to make La Liga more like Bundesliga.
The short-sightedness of this club and its leaders is astounding.
The average fans only care about what signings we can make and what trophies we can potentially win (on paper) and don't care about the future stakes. Club leaders shouldn't be like that.
JamDav1982
Senior Member
The CVC is being treated in same way it would have been at start of season. As income but only certain % can go towards the salary cap. The issue is trying to get the other Golman Sachs deal recorded as income also.
Nothing has changed bar maybe the % of future tv rights they may take.
jamrock
Senior Member
Stop quoting me & leave this debate long. It's above your station, you lack the intellect to understand it, & the humbleness to admit when you're wrong.
As 2playbook said, loan!! That we give then xyz.
It seems that is what the long term intent has been of the club.
1. First reject the CVC.
2. Second open to idea on better turns (get the loan counted as profit).
3. Leverage this to get a better deal.
4. Have LaLiga accept that as a profit as they accepted CVC as profit.
5. Checkmate
Right now it seems we are at stage 4. Tebas is putting the pressure of time, but he must concede.
If he doesn't then we are fucked and he is fucked, as this going to court is probably going to lead to him being fired too. While we're left without being able to signing anyone and getting by minimally through sales of Frenkie and (maybe) Gavi.
So basically right now we're at a battle of egos.
This is the way I'm reading it right now but maybe I am giving the board too much credit.
BTW it is CVC OR Goldman Sachs by my understanding- not both.
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