Barcelona sells 25 percent of Barca Studios, which manages the club's digital business and audiovisual productions, to Socios for $102.5M dollars, club president says
In August 2021, Laporta announced that an audit of the club's finances showed Barca faced an estimated debt of $1.39 billion.
Earlier this summer, the deeply indebted club sold 15 percent of its La Liga TV revenue to the American investment fund Sixth Street in two tranches or a total of 400m euros before going on a transfer spree. "It's a sale for ever," Laporta said. "There would be a way to recover this 25 percent but for the moment this operation means the entry of a new partner, Socios.com, which has injected 100 million euros," he said.
In its drive to raise money quickly, Barcelona has taken a $611 million loan from investment bank Goldman Sachs and signed a sponsorship deal worth an estimated $446 million with streaming service Spotify.
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