Barcelona could “wave goodbye” to the Super League after signing CVC deal

Barcelona have seen their progress in the transfer market crippled by their ongoing financial crisis, forcing club president Joan Laporta to sign various sponsorship deals in an attempt to bring in additional revenue.

The club had already signed a deal with Spotify earlier this year. And according to Relevo, they are closing in on yet another sponsorship deal with CVC Capital while Laporta is also close to selling 49% of BLM.

Barcelona are expected to bring in a total of around €740 million through these two deals. But about €270 million could come in the form of a loan, leaving around €470 million on the table.

The Catalans could utilise that sum to cut back on the €700 million losses they had registered as of June 16.

But the report indicates signing the CVC deal could see them “wave goodbye” to the Super League.

Along with Real Madrid and Juventus, Barcelona were reportedly one of three clubs who were hoping to revive the Super League project after it faced major backlash from fans last year.

However, it appears Barça could very much rule out of contention as they cannot risk further complications with La Liga as they attempt to cut back on their losses using a myriad of sponsorship deals.

The club simply cannot sustain itself on its own by abandoning the recognised competitions in European football, including the Champions League. UEFA had already threatened to sanction the clubs involved in the ESL debate in the past and should not back down from penalising the clubs this time around.

The Super League project itself has lacked fuel in recent months, with major clubs across Europe apprehensive about joining the project and risking further animosity from fans.