Football

Barcelona Promote Additional 15% Of Liga TV Rights To US Fund | Soccer Information

Barcelona didn’t say how a lot they’d been paid for the additional 15 %.© Twitter

Barcelona on Friday introduced they’d offered an extra 15 % of their La Liga tv rights to US funding group Sixth Avenue for the subsequent 25 years. The Catalan giants had already offered 10 % of their league TV rights to the identical group final week for 207.5 million euros ($215 million). “In whole, Sixth Avenue will obtain 25 % of the La Liga membership’s tv rights for the subsequent 25 years,” Barca mentioned in a press release.

The membership didn’t say how a lot they’d been paid for the additional 15 per cent, however Spanish press experiences put the quantity at round 400 million euros.

The settlement will assist the five-time European champions proceed to make new signings for subsequent season after the arrivals of Robert Lewandowski and Raphinha.

Barcelona have been desperately attempting to boost capital after struggling financially in recent times.

Final August, Joan Laporta, who returned as Barcelona president the earlier November, mentioned an audit had uncovered whole membership money owed of 1.35 billion euros.

Promoted

The membership let Lionel Messi depart final June, saying they might not afford to maintain him even at a diminished wage.

(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)

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