The details of Barcelona’s infinite mortgage

  • Barcelona Laporta: “All signings can be registered”

Necessity dictates. Joan Laporta’s board has already ordered the ultimate activation of the fourth economic lever in search of cleaning up their accounts and achieving fair play financial necessary to register all the players in the Barça first team squad. Beginning, of course, with the signings, with Robert Lewandowski at the head of a list that also includes Franck Kessié, Andreas Christensen, Raphinha and Jules Koundé and continuing with the refied Ousmane Dembélé and the renewed Sergi Roberto. This new lever, however, enlarges a mortgage that seems to have no end. The sale of 25% of Barça Studios to GDA Luma, a company that belongs to Gabriel de Alma, owner of Cirque du Soleil, as happened with the sale of 24.5% to, is, in principle, in perpetuity, although the entity has a repurchase option.

Throughout this summer, between the transfer for 25 years of 25% of the television rights to the Sixth Street fund and the final sale of 49.5% of Barça Studios, the Barça entity would have managed to add real income of some €738 million. However, this amount would still not be enough to fully ensure the registration of all the players you want to count on Xavi Hernandez in the Barça first team squad. In this case, some 30 million euros would still be missing, which the entity hopes to achieve through salary reductions for some of its players. In principle, Gerard Piqué and has communicated that he agrees to take this step and it is very likely that the captain, Sergio Busquets, will also take a step forward by accepting a reduction in chips. Quite possibly, with these two operations the desired conditions would be achieved, but the club also has other cards in its hands.

From the point of view of the entity’s legal services, the renewals signed in October 2020, shortly before Josep Maria Bartomeu presented his resignation as president, by Piqué, Ter Stegen, De Jong and Lenglet, who will play this season on loan at Tottenham, present indications of criminality and could even be declared illegal in court. From his point of view, the four operations would mean an extra cost of 311 million euros for the club. Piqué, for now, has listened to the club’s arguments and has agreed to downgrade him. Barça, now, wants to renegotiate the terms of their contracts with Ter Stegen Y DeJong. In the case of the goalkeeper, the predisposition seems to be good. Something that, however, would not be in the same way as far as the midfielder is concerned. The Dutchman, in fact, has been in the orbit of Manchester United and Chelsea but, for now, he rules out leaving the Camp Nou as well as retouching his contract.

Pjanic’s step forward

The sale of De Jong would also greatly alleviate the club’s coffers, both for the income that his transfer would entail and for the savings of his file. Joan Laporta, however, already stressed in the run-up to the Gamper that there is no intention of selling it. Perhaps, also as a way to avoid devaluing his possible starting price, which could be around €80 million. Another footballer who, in recent days, had seemed to speed up his departure from the club is Memphis Depay. Juventus has been very interested in taking over his services and the player knows that it will be very difficult to get a place in the eleven for the presence in the squad of aubameyang Y Lewandowski. His economic pretensions, however, are for now very far from what the Vecchia Signora.

Finally, a former player precisely from Juventus, Miralem Pjanic, He has also taken a step forward to continue this season at Barça after playing on loan last year at Besiktas. Xavi has liked what he has seen of him in the preseason and is more than willing to give him a chance, while the Bosnian, for his part, has also agreed to lower his record.

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