Barca are really, really mortgaging their future now.
Quote:
Barcelona have sold a further 15% of their domestic television rights to the global investment firm Sixth Street, the club announced on Friday, with sources telling ESPN the deal is worth around €320 million.
Sixth Street have now purchased 25% of Barca's income from LaLiga television rights for the next 25 years, having bought 10% for €207.5m at the end of June.
The rights were worth €165.6m in the 2020-21 season -- figures are not yet available for this past season -- so, based on those numbers, which will fluctuate, Sixth Street stand to make €41.4m annually from the deal.
Over 25 years, that would equate to just over €1 billion on their initial investment of €527.5m.
The operation will help increase their LaLiga-imposed spending limit, which stands at -€144m -- the only negative cap in the league -- but which is being constantly revised by the Spanish league.
Barca's squad costs last season -- which include wages and amortisation payments among other elements -- stood at around €560m.
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https://global.espn.com/football/bar...m-sixth-street
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