“Barcelona” received a loan and was able to achieve a review of part of the debt obligations, reports Mundo Deportivo.
According to the publication, the Catalan club was able to take out a loan of €455 million for ten years with an interest rate of 1.98%, and its debt obligations for another €140 million will be reviewed.
It is noted that the financial adviser in the transaction was the bank, Goldman Sachs. The loan is guaranteed by television rights.
Blue-garnet faced serious financial problems due to the coronavirus pandemic. The club managed to reduce the cost of players ‘ salaries due to the fact that a number of players voluntarily agreed to lower salaries. However, this did not help Barcelona to keep striker Lionel Messi. The Catalan leadership was unable to sign a new contract with the Argentine, which is why he left for Paris Saint-Germain as a free agent.
Earlier it was reported that Barcelona should pay Messi €52 million. At the same time, the Argentine agreed to postpone the payment of the debt in order to help his native club stabilize the financial situation. Barca will repay the debt between 2021 and 2022.