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THE COMPANY IS THE FASTEST OPTION

Barça wants to close its second 'lever' also with Sixth Street

Published:6/07/2022 - 18:32h

Updated:6/07/2022 - 18:32h

With the already approved permissions after the first agreement, the American company shows like the favourite so that the FC Barcelona activate his second 'crowbar' economic, also by rights of TV

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The FC Barcelona prioritises to close the second 'crowbar' of TV with Sixth Street. For the culés shows like the simplest option because it does fault a series of bureaucratic permissions that they have to give permission to these available operations of rights of LaLiga. In the case of Sixth Street, the permissions already are conceded.

The Barcelona club wants to do it before turns it of USA, of the 16 to 31 July, to be able to activate signings, prioritariamente the one of Robert Lewandowski. In the managerial board that will take place in Olot on 13 July could announce this according to agreement and the forecast of the club mentions some 400 gross millions by this second crowbar. The FC Barcelona announced to finals of June the sale of 10% of his audiovisual rights to the American company after the Assembly of partners compromisarios authorised to the Managerial Board to commercialise a part of these rights of TV.

Of the last investments of the company, stands out the one to do with a part of the rights of exploitation of the stadium Santiago Bernabéu of the Real Madrid, by which paid 360 million euros. Out of the world of the sport Sixth Street has between his wallet of customers to Spotify, the one who is from this 1 July the main sponsor of the FC Barcelona.

Global partner

The company has his headquarters in San Francisco, although it operates from nine offices all over the world: New York, London, Hong Kong, Dallas, Houston, Luxembourg, Melbourne and Boston. As it published 'Loge23', Sixth Street was born like an arm of credit of the giant of main risk TPG, the ancient Texas Pacific Group.

His origin is in the division of private credit of the agent of 'private equity' American. The association between both companies prolonged until 2020, year in that they decided to separate his ways, although at present TPG keeps a minoritary participation in Sixth Street. The American company is proprietary of the agent of sportive centres Duet Sports.

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