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Barcelona put pause on €270 million agreement – report

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Photo by LLUIS GENE/AFP via Getty Images

As the transfer window inches closer, Barcelona soon need to get their finances in order if they wish to have a successful period in the summer.

The Catalans suffered terribly in the summer of last year because of their economic situation and even lost Lionel Messi. It is imperative that the Blaugrana do not go down the same road this year as well.

And in order for that to happen, Barcelona are in need of an urgent cash injection that will allow them to make new signings and have enough salary margin to register new players comfortably.

The CVC deal was seen as a key factor in helping Barça achieve that, as it would guarantee an injection of €270 million into the club, while also easing things for the club on the Financial Fair Play front.

However, according to RAC1, Barcelona have put the deal on hold as president Joan Laporta is still not convinced that the agreement would be in the best interests of the club.

As per the terms of the deal, Barça would receive €270 million for giving up 10% of the TV rights for a period of 50 years. Laporta, though, is not happy over the duration of the agreement and has voiced his concerns in the past as well.

Even in a recent interview with L’Esportiu, the Barcelona president insisted that he is still not sold on the deal and is looking at all possibilities.

“We have several options, but we want to sell a maximum of 10% for the highest amount of money. CVC wants them for 50 years, but there are other shorter options.

“We have managed to negotiate with CVC and get an improved deal, but we’re still shocked at how little fair play it brings. We have to think well about this issue,” Laporta had said.

As iterated earlier, it is important for Barcelona to identify and settle in on a solution at the earliest possible to avoid the failings of the last summer transfer window.

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