Saturday, February 24, 2024

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HomeTop LeaguesLa LigaBarcelona can finally register players with a new cash injection

Barcelona can finally register players with a new cash injection

Barcelona is poised to receive a timely cash infusion of €60 million (£50m/$66m) from assets they sold off last year.

The financial difficulties faced by the club prevented them from registering players in La Liga last summer. To address this, Barcelona entered into a deal with Orpheus Media and Socios.com, selling 24.5 percent of their in-house studio production to both companies for approximately €100 million (£85m/$100m) each.

The payments were agreed to be made in instalments, with the first payment of €30m due this summer. However, a delay in payment led to La Liga blocking the transfer and thus preventing Barcelona from registering new players.

The issue has been resolved, and the money is expected to be paid soon, allowing the club to register their new signings, including Ilkay Gundogan, Oriol Romeu, and Inigo Martínez.

Additionally, Barcelona should be able to renew the contracts of Ronald Araujo, Marcos Alonso, Inaki Pena, and Sergi Roberto. A press conference is scheduled for Thursday, during which president Joan Laporta will announce the availability of the rest of the funds.

Ethan Dempsey
Ethan Dempsey
Ethan is a lifelong football fan. When he is not obsessing over the Premier League games, Ethan likes to read fantasy tomes, watch football documentaries and waste hours upon hours on video games.
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