On stadiums, power to private individuals: what Barcelona's plan to renovate the Camp Nou can teach Italy
12 months ago
The club has announced that it has obtained a 1.45 billion euro loan from a consortium of twenty investors for the renovation works of the sports facility. The history of Spotify and the King League and the political problems that remain to be addressed
“We will take some risks, but they will be calculated risks”. On August 8, the president of Barcelona Joan Laporta announced the club's reckless financial manoeuvre, determined to buffer a gigantic 1.3 billion euro budget shortfall by transferring large percentages (between 20 and 25 percent) of the TV rights for the next 25 years to an American fund in advance: with that money he had managed to finance the purchases of Lewandowski, Kessié, Raphinha, Koundéall more or less decisive for the 27th national title, arithmetic in a few weeks.
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