Barça completes a deal of $200 million for BLM

 




Barcelona is desperately seeking funding to allow it to enter the transfer market and hire players. For some time, the Board has been negotiating with various investment groups in attempt to collect funds based on credits or the sale of part of the club's assets. And the entity's first income could arrive via this last channel.

According to the portal '2Playbook,' Barcelona has been trying to sell nearly half of BLM (Barça Licensing Merchandasing) for some time and is almost finalizing a 200 million bid. The club could balance its accounts for the season with this cash, so it will have to formalize the sale by June 30, which will require an extraordinary assembly.

According to Laporta himself a few weeks ago, this amount is below what the club originally hoped to get from the sale of this asset, which will include a repurchase option.

While this process is done, Barcelona is still working to negotiate an agreement with CVC in order to obtain extra funds. This game is crucial because part of the agreement would be the release of wage bills, which the club requires right now.

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