Barcelona are about to formalise an agreement with American fund Sixth Street over the sale of 10% TV rights for a period of 25 years, worth up to €205 million.
The fresh injection of funds could serve as a sigh of relief for the club that have had to deal with countless financial shortcomings throughout the year. It has reflected in their activity in the transfer market activity as well, with the club yet to make any major coup this summer.
However, according to a report from Mundo Deportivo, Barcelona are not in a position to register their new players Andreas Christensen, and Franck Kessie even after selling 10% of the TV rights.
While the sale will generate significant money, Barcelona require to register up to €400 million in July if they are to balance out the losses the club incurred over the past season.
It essentially means Barça need to continue working around the clock to quickly sanction the sale of other assets, including 49.9% of BLM and the remaining 15% of TV rights that were set to be dealt with separately.
Barcelona are yet to find a suitable buyer for any, but the club are confident they will be able to pull all the economic levers in time.
There is a possibility Barcelona could announce a majority of their signings in August, though Kessie and Christensen may both be officiated within the coming weeks.
While Xavi himself could be anxious to register the two free agents ahead of the new season, along with other top targets such as Robert Lewandowski, patience could be the name of the game as Joan Laporta looks to squeeze the best out of interested parties.