Barcelona sell more assets as they hope to register players

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BARCELONA, Spain — Barcelona have sold even more of their club’s assets in hopes of complying with Spanish league financial rules so that Robert Lewandowski and his other signings can play in the season opener.

Barcelona said on Friday it had agreed to sell 24.5% of its Barca Studios production facility to Orpheus Media in a deal that would earn it 100 million euros ($103 million).

Last month, Barcelona sold an initial 25% stake in its production center to Socios.com, a blockchain provider, for an additional €100 million along with 25% of its Spanish league television rights for the next 25 years for nearly 670 million euros ($689). million).

In total, the heavily indebted Catalan club mortgaged their future for 870 million euros ($895 million) in order to sign Lewandowski from Bayern Munich along with other talented newcomers.

Regarding the sale of almost 50% of its production center, Barcelona said in a statement that “with this investment, the strategic partners of Barça Studios show their confidence in the value of the project and the future of digital content in the sports world”.

He also comes with Barcelona who are yet to register their new signings with the Spanish league. Barcelona open the season on Saturday at home to Rayo Vallecano.

Thanks to the money he earned from selling his assets, Barcelona were able to strengthen their squad by signing Lewandowski, winger Raphinha and defender Jules Koundé for a total of 160 million euros ($165 million).

But the Spanish league has strict financial requirements that limit how much clubs can spend on player salaries and transfers depending on the clubs’ financial health. Despite efforts to cut costs and pay off debt, Barcelona still hold €1 billion ($1 billion) in debt and have seen their salary cap reduced by the league in recent seasons.

So on Friday morning he hadn’t registered Lewandowski, Raphinha, Koundé, free agent arrivals Franck Kessié and Andreas Christensen, or Ousmane Dembélé and Sergi Roberto, both of whom signed new contracts recently after the expiration of their old ones and are therefore considered new. signings by the league.

This new injection of an additional 100 million euros should help the financial balance of Barcelona which they present to the league and increase their chances of being able to register all these players.

The club are also pushing to sell players such as Samuel Umtiti and Martin Braithwaite who are either unwanted by coach Xavi Hernández or have big salaries like Frenkie de Jong.

Teams have until the end of the month to register new players if they want to play in the Spanish league this season. Real Betis are also still waiting to register several players.

Barcelona club president Joan Laporta recently said he was confident his club would be able to line up their latest acquisitions.

But it would be another blow to Barcelona’s reputation if their star signings can’t play at Camp Nou on Saturday.

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