Laporta celebrates the agreement with Sixth Street and remembers Barça’s independence

After announcing the sale to the US fund Sixth Street of 10% of the TV rights of LaLiga for the next 25 years in exchange for €207.5 million, Joan Laporta, president of FC Barcelona, celebrated the agreement, which will allow the club to generate a total capital gain of 267 million euros for the current season. “We are activating the economic levers and executing our patient, sustainable and efficient strategy to strengthen the Club’s financial base,” said the Barça president, who praised his new member and stressed the club’s independence: “Sixth Street He is a strong supporter of the world of football, an experienced investor in global sports and media, and a partner who will bring significant knowledge and resources while allowing us to independently manage our operations.”

For its part, Alan Waxmanco-founder and CEO of Sixth Streetalso welcomed the agreement with the Barça: “We believe in the strategy that Joan Laporta and the 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 said before adding: “Our team looks forward to having a long-term alliance, providing our flexible capital and our great experience in the sports sector, to support the Barça as he continues to strengthen his organization and achieve his strategic goals.

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