The DBRS Morningstar agency highlights the “significant” improvement over the previous rating issued by Fitch
BARCELONA, 10 Ago. (EUROPA PRESS) –
The rating agency DBRS Morningstar has issued this Wednesday the rating coverage on FC Barcelona, granting it a rating of ‘BBB’ with a “stable” outlook, which reflects “a significant improvement” with respect to the previous rating issued by the agency Fitch.
“The rating highlights the positive actions taken by the Board of Directors to improve the entity’s financial situation, sporting competitiveness and agreements with strategic partners, as well as the expectation that FC Barcelona will achieve positive results in the 2022/23 financial year. “, reported the Catalan team in a statement.
DBRS’s rating, on the financial perspective of the Barça team, has also taken into account the ‘Espai Barça’ project and the related financing to determine its “stable perspective”. Therefore, the agency highlighted the “confidence” of the financial markets on the club’s decisions.
Among them, DBRS pointed out “the improvement of the financial indicators” and the option of “continuing with the development of the strategic plan” approved by the Board of Directors.