NEWS: 2022 UCL Final Result: Michael Owen And Rio Ferdinand CLASH! (Full Details)

 

NEWS: 2022 UCL Final Result: Michael Owen And Rio Ferdinand CLASH! (Full Details)

The delegates will vote for the sale of up to 49.9 percent of BLM and up to 25 percent of the television rights, key income to go to the market.

Financing. General blockade in Can Barça: paralyzed market

Meeting. The Board of Barça refuses to pose with the 'Eiffel Tower'

Barcelona can not face any operation today. In order to have an economic margin, you need to activate some of the famous economic levers and this Tuesday the Board has announced that the delegates will participate in a telematic assembly to approve the sale of up to 49.9 percent of BLM ((Barça Licensing Merchandasing) and up to 25 percent of the income from the exploitation of television rights.The first sale would contribute 200 million, for the 540 kilos of the second, as revealed by 2Playbook .

The appointment will be on June 16 at 6:30 p.m. on first call at the Auditori 1899. This injection is vital to be able to go to the market and reactivate some operations that Barça already had on track and that right now has been forced to leave them stopped.

The Board , with the presence of Mateu Alemany, has met this afternoon, on an itinerant basis, in the Gran Jonquera shopping center . On the table, the need for this economic lever to have the green light before June 30. Otherwise, the entity could not go to the market this summer. Everything is locked up waiting for these revenues. After the summit, which lasted about four hours, the institution has issued a statement.

"Authorization is requested for the acquisition of BLM by one or more investors of a minority stake in the company's share capital of up to 49.9 percent. Regarding television rights, authorization is requested for the assignment to one or more investments of up to 25 percent of the operating income for the television rights corresponding to the competition organized by the Liga Nacional de Fútbol Profesional and/or the obtaining of financing on the basis of said television rights", says the statement.

In addition, the Barça entity explains that the members will have at their disposal from Friday, June 3, the information related to the items on the agenda.

The Board has been negotiating with various investment groups for some time in order to obtain money based on credits or the sale of some assets that the club has. And these extra income could come through this second route. In addition, there are several sports operations on standby waiting for this injection in finances to be confirmed.

BLM is a society that aims to exploit the commercial business, merchandising of shirts and products. It is the first solution that Barcelona has practically closed, waiting for the OK of the compromisarios on Thursday, June 16, but not the only one that was considering. We must not forget that the entity has also negotiated in other ways such as CVC, the sale of Barça Studios or Goldman Sachs .

Subsidiary changes name

In addition, in the Board that was held this Tuesday, the directors have also decided that Barça B will be renamed Barça Atlètic and that on June 8 the annual meeting will be held with the Barça Senate , the body that brings together the first thousand of club members and associates.