Barcelona President Joan Laporta has reassured fans about the economic future of the club, as a summer of major sales reportedly approaches. One of the key reasons has been the non-payment of their asset sales in Barca Vision, with €40m missing from their budget, and another €40-60m due this summer for the second payments.
There has been talk that Laporta and his board members are looking at potentially losing just under €20m from their personal funds, due to bank guarantees they put down last summer in order to register players.
Laporta has told MD that they are in legal proceedings with German investment fund Libero, who have not stumped up the money agreed during the sale of 24.5% of Barca Vision.
“We are suing Libero. They did not pay the €40m and we have sued. It is a company that is listed on the Frankfurt market and also gained an advantage from the contract with Barca. In fact, Libero’s group paid €20m that are there. There is a meeting with precisely them, not with Libero but with part of the group, because they have put in €20m and if they don’t put up the forty that they have to pay in this season, they will keep a token percentage of the company.”
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