Thursday, September 28, 2023

FC Barcelona | Laporta creates a personal guarantee

Law of 08/29/2023. at 20:58 CEST

The President would vouch, along with Ferran Olivé, in the event that the 20 million expected from the German fund does not arrive on time or is insufficient to carry out the pending operations

The deadline for receiving the economic injection is this Thursday, August 31st

FC Barcelona should receive 40 million euros of the German Libero Fund, 20 of which are to be paid out by Thursday, August 31 at the latest.

The expected 20 million euros will flow into the pending registrations and the transfer without a purchase option by Joao Cancelo. But even if this amount finally arrives, as if it were not enough to carry out all these operations, Azulgrana club are looking for an alternative and that would be the personal support of Joan Laporta and Ferran Olivé. It cannot be ruled out that further managers could join.

A year ago, on August 28, President Joan Laporta and the club’s treasurer Ferran Olivé guaranteed €11m to register Jules Koundé in LaLiga, so it wouldn’t be the first time.

In the event that the German fund meets and pays out the 20 “kilos” this Thursday or earlier, the club has already calculated that the guarantee should be around 6-8 million, because it could be between the registrations and the cancellation go up to 30 kilos.

The guarantee could be almost 30 million

If the money from Libero Football Finance does not arrive on time, the personalized guarantee from Laporta and Olivé will cover the total amount of the operations and will amount to practically 30 million euros.

Although other alternatives have been explored -There was talk of an American group of investors-The guarantee would be most effective right now, three days before the transfer market closes.

World Nation News Desk
World Nation News Desk
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