Barcelona are set to receive a financial boost, having agreed to sell rights to their company Barca TV to a private equity fund manager.
The club had previously agreed to sell 49% of the rights to companies Orpheus Media and Socios.com, but have now resold the rights to a higher bidder in Mountain Nazca.
The deal is worth €180m, including the price to buy out the previous buyers of the shares, and this deal will see Barcelona receive an immediate boost of €30m before the end of the transfer window.
There were fears over the financial situation that the club would not be able to register players including new star signing Ilkay Gundogan, but this injection could help Barcelona complete their business this summer.
A report from Gerard Romero from Jijantes FC has confirmed the news, and hinted that the money could be used to fund deals in this transfer window.
Barcelona’s chaotic transfer window
Barcelona have been struggling with financial issues, but have brought in Oriol Romeu, Ilkay Gundogan and Inigo Martinez this summer.
They are yet to register these new players, but the sales of Franck Kessie and Ousmane Dembele should help ease the financial burden on the club.
Xavi still wants a new right-back this summer, and has targeted Joao Cancelo of Manchester City, but it is unclear whether this new financial boost will allow them to sign the Portugal star.
There are still plenty of deals to be completed before the end of the window, in terms of both incomings and outgoings, and Barcelona are set to continue their risky strategy of selling off their long-term assets to boost their short-term income.
Although they won La Liga last season, there will be a lot of pressure on Xavi to make the team progress in Europe, whilst also competing domestically, and it is clear that he would like more additions to complete the squad.