Barcelona activate fourth economic lever in race to register new signings for LaLiga season

By Sports Desk August 12, 2022

Barcelona have activated a fourth economic lever in a bid to ensure their new signings can be registered for LaLiga, announcing the sale of a further 24.5 per cent of their production company for €100million.

The Catalan giants, who have signed the likes of Robert Lewandowski, Raphinha, Jules Kounde, Andreas Christensen and Franck Kessie despite ongoing financial troubles, have reportedly failed to register their new acquisitions for the upcoming league campaign.

President Joan Laporta has been working to raise funds to allow Barca to meet LaLiga's salary limits ahead of the season, and said last week the club had made a "great effort" to do so. 

Last month, 24.5 per cent of Barca Studios was sold to the company Socios.com for €100million, while the Blaugrana have also sold 10 per cent of their LaLiga broadcasting rights to American investment firm Sixth Street, among other measures.

But with reports suggesting the club were still struggling to meet LaLiga's rules, they have announced a second deal for an equivalent stake in Barca Studios.

"FC Barcelona announces the sale of 24.5 per cent of Barca Studios to the company Orpheus Media, managed by Mr Jaume Roures, an audiovisual production company with a long history of producing content, for 100 million euros," read a club statement.

"The agreement complements the one signed on 29 July with Socios.com and will help to accelerate the growth of the club's digital, NFT and Web.3 strategy.

"With this investment the strategic partners in Barca Studios show confidence in the value of the project and the future of digital content in the world of sport."

Reports suggest that while Barca are prioritising the registration of their new signings, they are still eyeing a move for Chelsea's Marcos Alonso, while Manchester City's Bernardo Silva has been touted as another target.

Barca begin their LaLiga campaign when they host Rayo Vallecano on Saturday, though it remains to be seen how many of their new stars can feature.

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    “I’m very happy to introduce the Wray & Nephew School of Football Coaching,” said Managing Director at J. Wray & Nephew Ltd, Jean-Philippe Beyer last Thursday announcing the partnership at the brand’s headquarters in Kingston.

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    “This is a welcome sponsorship to the program. Three years ago, we didn’t have a C-licensed coach in Jamaica. Now, we have five A-licensed coaches and another six are doing their studies. There will be an A-licensing course starting on July 9 with approximately 20 local coaches in that class,” he said.

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