Joan Laporta, in a press conference

A MOVEMENT TO HEAL THE ECONOMY

OFFICIAL! Barça activates its first 'lever' with the sale of its TV rights

Published:30/06/2022 - 14:08h

Updated:30/06/2022 - 18:36h

FC Barcelona has reached a formal agreement with 'Sixth Street' in exchange for 10% of the club's television rights for the next 25 years

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Good news for the FC Barcelona. The managerial board chaired by Joan Laporta has activated officially the first 'crowbar' economic with the aim of sanear the finances of the institution. The club has closed an operation with 'Sixth Street' by 10% of the television rights during the next 25 years in return of a plusvalía total of 267 million euros for the present campaign.

Like this it has signalled it the communiqué desvelado by the social networks of the Barça. "The FC Barcelona and Sixth Street arrive to an agreement for the acquisition of 10% of the rights of television of the club of LaLiga", signals the entity. In principle, the company will invest the quantity of 207.5 millions after the approval of the partners and partners of the club in the last Extraordinary General Assembly.

By his part, the Barcelona president has done some statements before the means explaining more in detail this new bond. "We are activating the 'crowbars' economic and executing our patient strategy, sustainable and efficient to strengthen the financial base of the club. 'Sixth Street' Supports of way decided to the football, is an investor with experience in the world of the sport and of the global media. Like partner, will contribute important knowledges and resources at the same time that it will allow us manage of ours independent form operations", aimed.

In front of this, Alan Waxman, cofounder of the company investor, also pronounced in this regard. "We believe in the strategy that Laporta and the Barcelona are implementing. We are proud that one of the clubs more laureados of the football have chosen us to be his partner. Our team looks forward to to create an alliance on a long-term basis, providing flexible capital and our wide experience in the sportive sector. The aim is to support to the Barça while it continues strengthening his organisation and reaching his strategic aims", concluded.

What knows on 'Sixth Street'?

With more than 57.000 million euros in active under management, 'Sixth Street' is one signs investor with capacities based in the analysis of data on a long-term basis. His proposal is to offer solutions through the 'injection' of capital in all the stages of growth of his 'partners', what has carried him to associate with the sportive organisations more important to global level. Between his 'affiliated' finds 'Legends', a company of experiences 'premium' that commissions of the exploitation of sportive enclosures, being the new Santiago Bernabéu one of his more recent projects.

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