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17 Jun 2022 09:32:36
Ed002, Barcelona agreed last night to sell off the merchandise arm of the club and a proportion of future TV revenue in an attempt to balance the books.
However, from my albeit uneducated perspective that doesn't sound like a good long term solution. Obviously losing out on potential income in the future.
The only way this makes sense from my perspective is if something like the proposed super league happens.
It does seem like some clubs are borrowing heavily and running up large debts on the hope that eventually they'll get a large windfall.
{Ed002's Note - Barcelona will sell their 49% share in a broadcast business to raise €100M, potentially agree to sell 10% of their future AV rights to CVC for €300M and have major sponsorship with Spotify coming (which would have gone to Arsenal if they had been more reasonable about a sale). This will re-balance the situation which must be done by the end of June 2022. But they are also carrying huge debt.They will look to focus on new contracts for the younger players, adding four Free Agents and selling fringe players as they regroup this summer - and a couple of part exchanges are in discussion. Additions will therefore be quite limited. No huge signings like Haaland will be made this summer and need departures to free up space in the squad and wages before they can register more players. Target is to reduce wage bill by 25% to €400M which will make them sustainable.}
1.) 17 Jun 2022 11:52:54
Another fantastic update - you sir are impressive.
I assume this is why the club are looking to sell Frenkie De Jong?
{Ed002's Note - they are not looking to sell him - but will if a very significant offer is made.}
2.) 17 Jun 2022 12:26:14
Manchester United (with Ten Hag) appear to be the most interested. Do you think they’ll make a very significant offer?
{Ed002's Note - Others provide options but they may look to an offer.}