Earlier today, FC Barcelona officially announced that they had extended their partnership with one of their existing sponsors, Aramark, whereby the latter became shareholders in the Barça Vision entity.
In doing so, Aramark have invested €40 million into the club, making up for the funds that had gone unpaid by Libero, who had purchased the Barça Studios shares last year but were unable to make the due payments on time.
“FC Barcelona and Aramark have announced a new strategic agreement whereby the Club’s current catering and hospitality services provider becomes a shareholder of Barça Vision (Bridgeburg Invest), as well as a new partner of Espai Barça,” the statement from the club read.
With the injection of this €40 million from Aramark, Barcelona are now back to the 1:1 Fair Play rule, reports SPORT.
It means that the Blaugrana will now be able to reinvest every euro that they make through player sales or salary savings on the signing of new players in the summer transfer window.
The completion of the operation arrives just in time before Barcelona can announce the signing of Dani Olmo from RB Leipzig, who will be the second major incoming transfer of the summer after Pau Victor.
Aramark, Barcelona’s catering and hospitality partners, have taken over part of the shares owned by Libero in exchange for €40 million while the remaining €60 million owed by the German Fund will be recovered over the course of the season, through other club sponsors in Nike and Spotify, as per previous reports.
Author : Michel Durant
Publish date : 2024-08-08 11:55:09
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Author : soccernews
Publish date : 2024-08-08 11:58:49
Copyright for syndicated content belongs to the linked Source.