Barcelona are in advanced talks with a new investor to contribute the necessary money to the club’s Barca Vision project.
The financial problems of the Catalan giants have been infamous in recent years, as a lack of available cash has hampered their ability to improve their squad over the past few years. transfer windows Barça have been working to get more money to ease their financial woes and a boost may be coming under Bridgeburg Invest, Barca Vision’s holding company.
RAC1 they state that one of the club’s current priorities is to raise significant funds for Vision. The club had hoped for around €200m (£167m) but so far only €65m (£54m) has been put in, with Aramark contributing €40m (£33m pounds sterling) of this sum.
Barcelona They are said to be in advanced talks with an unnamed suitor as they look to fund their behind-the-scenes project, which they say will include Web3, NFT and the metaverse.
Dani Olmo and Nico Williams emerged as top transfer targets during the summer window after their star performances at Euro 2024. However, while the The midfielder was eventually hooked for 62 million euros (52 million pounds), the Athletic Club winger stayed in the Basque Country due to the lack of funds available to coach Hansi Flick.
Pau Victor was signed for a small fee Wojciech Szczesny has recently arrived on a free transfer, but otherwise Barca have made a minimal splash in the market as they look to crawl out of their financial hole.
Cost-cutting measures, including getting rid of midfielder Ilkay Gundogan to reduce the wage bill, saw Barca cut their total outgoing wages from €670m (£557m) to €500m of euros (£415m), but the club still recently announced a loss of €91m. (75 million pounds).
A recent statement from the club reads: “With regard to the extraordinary results, the club has recorded a write-off of certain credits related to the shares of Bridgeburg Invest, SL due to the non-payment of some of the participating investors.
“According to accounting principles, the club must register this possible non-payment as a precaution, without prejudice in any case to the right to collect the amount in the future or to carry out the necessary actions. The amount recognized as an extraordinary expense amounts to 141 million euros before taxes.
“The club believes there is sufficient reason for the company’s current valuation and remains confident in its viability and future capabilities, with a business plan in place that should generate recurring revenue in the near future.
“Therefore, and despite the positive ordinary result, the club closes the 2023/24 consolidated accounts with a net result of -91 million euros.”
