Thursday, February 29, 2024

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HomeTop LeaguesLa LigaBarcelona receives a huge financial boost; They can now register new signings

Barcelona receives a huge financial boost; They can now register new signings

Barcelona’s financial situation has received a significant boost, enabling them to officially register their summer acquisitions and continue pursuing additional targets in the transfer market.

The Catalan club has ended the sale of a 29.5% stake in their digital content division, Barca Vision, to two different investment firms for €120m (£104m/$131m), as reported by ESPN.

This transaction has resolved the registration complications concerning the new signings and contract extensions for the current players. Barcelona is confident that all players will be available before their match against Getafe.

President Joan Laporta’s tenure has seen implementing financial strategies to alleviate the club’s dire economic situation while maintaining its competitive status. This delicate balancing act has yielded positive results, as Barcelona has managed to improve both their financial standing and the squad quality, ending in a league victory.

Barcelona’s recent development not only clears the registration hurdles but also provides them with the necessary flexibility to bolster the team further. Coach Xavi Hernandez prioritizes acquiring a defender and a midfielder to enhance the squad.

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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