-11.6 C
New York
-8 C
Washington D.C.
Saturday, February 4, 2023

FC Barcelona transfer another 15 percent of its LaLiga television rights to “Sixth Street”



FC Barcelona confirmed this Friday a new operation with the American company Sixth Street, to which it has also transferred another 15 percent of its LaLiga television rights, on top of the 10 percent agreed in June, and that they will help you again with your financial situation.

“FC Barcelona today announced another investment from Sixth Street, a leading global investment firm with extensive experience in the world of sports and media, following the previously announced acquisition of 10 percent of the LaLiga club’s television rights,” he said FC Barcelona This was announced by the club in a statement.

In this way, the company, led by Joan Laporta, has sold 25 percent of its television rights to this fund for the next 25 years and “continues to implement its strategy to improve its financial strength and competitiveness”. Barça recalled that this transaction “implements a proposal supported by a majority of the club’s members at its Extraordinary General Assembly last June”.

“We continue to advance our strategy and are pleased to have entered into this additional agreement with Sixth Street, which gives us a significant increase in our financial strength,” said Joan Laporta.

Noting that the club and ‘Sixth Street’ had “committed and worked together with a common understanding” over the past few weeks of what they wanted to achieve for their “organisation” and hoped both would have “a great long-term collaboration can have”. contract term”.

“FC Barcelona is one of the world’s leading sports organizations and we are delighted to extend our relationship through this additional investment. Our flexibility and cross-platform experience continue to be of value to management teams as they seek to execute highly strategic initiatives,” said Alan Waxman, Co-founder and CEO of Sixth Street.

This second operation follows the operation carried out on June 30th, which allowed FC Barcelona to activate the first economic lever to rehabilitate its economy, in exchange for an initial investment by the company of 207.5 million euros in the next 25 years that has allowed the club to generate a total capital gain of 267 million and be able to make the signings of Raphinha and Robert Lewandowski.


Source europapress.es

Latest article