Barça discards the pact with CVC

FC Barcelona has ruled out joining the pact with CVC.

Thomas Osborne
Thomas Osborne
02 June 2022 Thursday 08:54
8 Reads
Barça discards the pact with CVC

FC Barcelona has ruled out joining the pact with CVC. The board has practically decided not to join the agreement promoted by LaLiga to gain liquidity with television rights. Both parties have been in constant bilateral talks to try to get the club to sign with CVC and they had brought their positions closer together. But when June 30 is less than a month away, the key date for closing the year and obtaining financial fair play, the rope has broken.

Initially, the offer implied giving 10% of the television rights to CVC for 50 years in exchange for some 270 million. After rejecting the proposal, Barcelona has been renegotiating the conditions with the fund since they did not agree with the duration or the amount to be received. "We will not mortgage the club for 50 years," Joan Laporta proclaimed. One of the consequences of that first refusal was, among others, the impossibility of renewing Leo Messi.

Barcelona announced last Tuesday an assembly of compromisers where, among the points of the day, it included requesting authorization to cede up to 25% of the exploitation of its television rights to one or more investors.

That wording could make us think that the pact with CVC was closer than ever. And that in addition, Barça was considering accepting the offer of some other fund with which it had been negotiating in case CVC did not accept its conditions. However, the entity chaired by Joan Laporta has chosen to rule out CVC, according to TV3 and has been able to confirm this newspaper.

It should not be forgotten that Javier Tebas, president of LaLiga, had included public resignation from the Superliga by all clubs as an essential condition to opt for the CVC injection.

Without that economic boost, Barcelona is considering a new salary reduction in the first team as a saving measure and to reduce the debt.

It would be an individualized negotiation, from which the players who have renewed this season would be left out. That is, Ansu Fati, Pedri and Ronald Araújo. Sergi Roberto is within this category. The club will not sit down to talk to the players who arrived in the last winter market, including Ferran Torres and Aubameyang, since their salary has already been adjusted to the current conditions at Barça.

It remains to be seen how this readjustment could be faced with important footballers such as Piqué, Alba, Ter Stegen or Busquets, who have already deferred part of their salary this campaign. For example, the case of the midfielder is delicate since they only have a contract until June 2023 and it could be his last Blaugrana course.