Barcelona set to finalise the second economic lever – report

Barcelona are set to activate the second economic lever today by selling the 15% TV rights to Sixth Street.

The Catalans sold 10% of the TV rights to the same American investment firm earlier this summer, bringing in revenue of around €207 million. And they are now closing on striking a deal for the remaining 15% TV rights whose sale had been approved by the assembly.

Reports have been doing the rounds over Barcelona triggering the second lever today, i.e. Thursday (21 July).

And according to Gerard Romero, the deal is close to being finalised. The journalist reports that officials from Sixth Street are already at the Barça offices to get the deal over the line.

A different update from another journalist, Victor Navarro, states that meetings are already taking place between officials and Barcelona economic vice-president Eduard Romeu to finalise the terms of the agreement after which an official announcement will be made.

Should the deal be finalised as expected, Barcelona will generate a cash inflow of around €330 million which would go a long way in helping the club register the new signings and pursue other targets.

There is also the possibility of the Blaugrana triggering the third economic lever by selling a 49% stake in Barça Studios to further strengthen their financial situation in the short term.

Player sales are being looked at as another way of receiving a financial boost, with Barcelona pushing for the exit of Frenkie de Jong, after agreeing an €85 million deal with Manchester United for his transfer.

Not only his exit would help Barça bring in funds but also clear room on the wage bill as well. It remains to be seen how the Catalans proceed further, but for now, they are close to finalising the agreement with Sixth Street for the sale of 15% TV righs.