FC Barcelona has decided to sell club assets in an attempt to gather the funds required to register all their new signings for the La Liga season ahead of their opening fixture with Rayo Vallecano on Saturday. This includes the €100 million sales of 24.5% ownership of Barca Studios to Orpheus Media.
Prior to pulling off what is their fourth financial deal this summer, the club sold another 24.5% of Barca Studios to Socios.com while also selling 25% of their television rights for 25 years to Sixth Street in two deals worth a combined €500 million.
Currently, the club has seven players who are yet to be registered for the coming La Liga season, including new signings Robert Lewandowski, Raphinha, Jules Kounde, Franck Kessie, and Andreas Christensen. Sergi Roberto and Ousmane Dembele, who signed new contracts with the club, are yet to have their agreements ratified by La Liga.
In order to register these signings, Barcelona has to comply with La Liga’s spending limit. With a €144 million deficit at the end of last season, the Catalan club needs to raise funds in order to eliminate this loss. In addition to the sale of assets, the club has also looked to reduce its wage bills, with both Gerard Pique and Sergio Busquets in discussion over salary deductions in an effort to improve the club’s financial standing.
