Barcelona to make €120m asset sale to hold onto Dani Olmo

Barcelona will sanction the sale of yet more of their assets in order to register Dani Olmo and Pau Victor for the second half of the season. After a court decision rejected their motion to allow them to play in the second half of the season, Barcelona must raise their salary limit by €60m in […] The post Barcelona to make €120m asset sale to hold onto Dani Olmo appeared first on Football España.

Dec 27, 2024 - 12:13
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Barcelona to make €120m asset sale to hold onto Dani Olmo

Barcelona will sanction the sale of yet more of their assets in order to register Dani Olmo and Pau Victor for the second half of the season. After a court decision rejected their motion to allow them to play in the second half of the season, Barcelona must raise their salary limit by €60m in order to register them.

The Blaugrana are set to file a fresh motion against La Liga to allow Olmo and Victor to remain registered beyond their allowance for injuries that was granted in August. However Sport say the court decision, unless their appeal is successful, will mean the sale of the rights to commercialise their VIP boxes at Camp Nou.

Initially the figure for the rights to commercialise their boxes for the next 20 years was quoted at €200m, but the actual figure will be closer to €120m in the end. Clearly, it deprives Barcelona of a source of income during that period too. They have until the end of the 31st of December to resolve the matter, and if they do not, Olmo has a clause in his contract to allow him to leave for free.

Much of the year had seen President Joan Laporta explaining that their new sponsorship deal with Nike would resolve their salary limit issues, but once again Barcelona face losing income due to the board’s financial miscalculations. For the past two seasons, Laporta has claimed their salary limit issues would be confined to history, but Barcelona have now sold 25% of their TV rights for a period of 25 years, 49.5% of Barca Vision, and signed a sponsorship deal through to 2038, and look set to do more business.

The post Barcelona to make €120m asset sale to hold onto Dani Olmo appeared first on Football España.

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