FC Barcelona wants to make its financial problems a distant memory. While the Catalans were between a rock and a hard place regarding their finances, everything seems to be returning to normal.
Indeed, through an official press release posted online on its site, the club led by Joan Laporta announced the sale of its VIP seats at a total cost of 100 million euros.
“FC Barcelona indicated the sale of Spotify Camp Nou VIP tickets as part of an operation that the club has been working on in recent months, and which has ultimately been the key to returning to compliance with the financial fair play rules of LaLiga »began the said press release.
Concretely, “The Club has concluded the transaction for a total of 475 seats with two different investors from the Middle East, a territory with a large market for products of this type, and for a maximum duration of 30 years.
These operations, at the request of investors, contain confidentiality clauses aimed at preserving the competitive advantage of investment groups in the hospitality sector and VIP products, as they have also been included in other financial operations of the Club (such as the financing of Espai Barça).
In both cases, the investment groups, after undergoing the mandatory review, received a positive report from the club’s compliance area, as well as a positive report from the Economic Commission.
