Barcelona have bought an additional 15% of their home tv rights to the worldwide funding agency Sixth Road for round €320 million, sources informed ESPN on Thursday.
Barca may even use the cash to re-inscribe Sergi Roberto and Ousmane Dembele with LaLiga after the duo signed new contracts, whereas president Joan Laporta says the membership will now look to strengthen in defence.
Sixth Road have now bought 25% of Barca’s revenue from LaLiga tv rights for the following 25 years, having purchased 10% for €207.5m on the finish of June.
The rights had been price €165.6m within the 2020-21 season — figures aren’t but accessible for this previous season — so, based mostly on these numbers, which can fluctuate, Sixth Road stand to make €41.4m yearly from the deal.
Over 25 years, that may equate to only over €1 billion on their preliminary funding of €527.5m.
It continues Sixth Road’s funding in sport in recent times. The agency additionally not too long ago entered right into a partnership with Actual Madrid associated to the operations of the Bernabeu.
Additionally they personal a 20% stake within the San Antonio Spurs and are the bulk house owners of Legends, in partnership with the New York Yankees and the Dallas Cowboys.
Final month’s cope with Sixth Road prevented Barca from ending the 2021-22 monetary season with losses, however sources informed ESPN the cash wouldn’t improve their price range on transfers this summer season.
Nonetheless, sources on the membership informed ESPN earlier this month the sale of a further 15% of their home media rights would assist them deal with the squad overhaul coach Xavi Hernandez has requested this summer season.
The operation will assist improve their LaLiga-imposed spending restrict, which stands at -€144m — the one destructive cap within the league — however which is being consistently revised by the Spanish league.
Barca’s squad prices final season — which embrace wages and amortisation funds amongst different components — stood at round €560m.
If that determine will be introduced in keeping with LaLiga’s spending cap, Barca will have the ability to spend at a ratio of 1:1, which implies that for each euro they make in transfers or save in wages, they’ll make investments a euro.
As issues stand, they’re at present restricted to a ratio of both 1:3 or 1:4, relying on the dimensions of the saving they make, so can solely spend a fraction of any cash they create in by way of participant departures.