Barça sells 10% of the TV rights for 207.5 million

The FC Barcelona announced this Thursday shortly before 2:00 p.m. the agreement with Sixth Street for the acquisition of 10% of the television rights of the LaLiga club. According to the official statement with this operation the FC Barcelona generates a total capital gain of 267 million euros for this season. Sixth Street will initially invest 207.5 million euros and will receive the economic benefit of 10% of the Club’s television rights from LaLiga for the next 25 years.

“We are activating the economic levers and executing our patient, sustainable and efficient strategy to strengthen the Club’s financial base”, he said. Joan Laporta, president of FC Barcelona. “Sixth Street is a strong supporter of football, is an experienced sports and global media investor, and as a partner will bring significant knowledge and resources while allowing us to independently manage our operations.”

“We believe in the strategy that Joan Laporta and FC Barcelona are implementing and we are proud that one of the most successful clubs in football has chosen us to be their partner and provider of capital solutions”, he assured Alan Waxmanco-founder and CEO of Sixth Street.

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