FC Barcelona breaks with Mountain and rejects its entry into the stock market with Barça Media

The FC Barcelona has oficializado the rescission of the agreement contracted the past 11 August of the 2023 with the signature of investment Mountain & Co. I Acquisition Corporation for the exit to stock exchange of Barça Studios, renamed like Barça Half. The operation, with aspirations to be valued in near of 1.000 million dollars, pretended to capitalise the future digital businesses of the Barcelona institution, but unfortunately, this movement has not finished arriving to good port.

This determination arises from a change of strategy of the club, that expressed his will to centre only in "commercial opportunities in the short term that they tackle better in a no sought-after structure". After this decision, Mountain & Co. I Acquisition Corporation communicated in the morning of the Friday to the Saturday to the Commission of Values and Stock exchange of United States (SEC) the renunciation of the Catalan cast to make a public offer initial in the stock market of the American nation, known like Nasdaq.

It is necessary to remember that the valid agreement with Mountain was closely linked to the participation of Free Football Finance AG like investor of Barça Half. Nevertheless, after the German company did not fulfil with the agreed commitments with the club culé, to the not making the first payment of 40 M€ before 31 December 2023 and the others 20 M€ before 30 June 2024, which obviously no longer will occur, has finished being decisive for the split of the association with the Americans.

The strategy with which the FC Barcelona pretended to go in to stock exchange

It is worthwhile to stand out, as it mentioned in 'The Avant-garde', that treated of a highly speculative operation of exit to stock exchange, made of fast way and with few controls. This strategy tried to be emulated by the cast of the City Condal, following the example of Donald Trump, ex-president of United States, the one who used this tactics to launch his company of social networks, Truth Social. A company without hardly income that already contributes in half of what did it the day of his première in stock exchange.

The FC Barcelona tried to apply a similar strategy when beginning with an association like Barça Vision, valuing it in more than 400 millions and including it in his accounts of the past year. This was a bet in which it looked for , as we mention previously, dream afterwards with positioning it in stock exchange by 1.000 'kilos'. A longing that obviously will not concretise .

The 'stick' of Víctor Font to the managerial culé by this movement

This decision of the FC Barcelona has generated several reactions, one of them has been the one of the excandidato to the presidency of the club, Víctor Font, the one who through his account of 'X' (@victor_font) has condemned the performance of the board headed by Joan Laporta in relation with this case. "Such as we explain in his day, was impossible to find a serious investor that valued in 400 millions Barça Vision. Once again this board made a mistake. It is necessary to explain to the partner that all this goes us to cost money because it has paid to people in question of advice to build this operation. We have gone back to live another escaped to forward. We follow anchored in the speech triunfalista and unreal. Only I expect that in the next days the club do not announce an agreement to cover holes and follow selling smoke", sentenced.

It was qüestió of temps.

Such com vam explain fa gairebé an any, was an operació speculative that intentava be a solució to the "transacció pont" of Barça Studios of l'estiu of the 2022. It was i és pràcticament impossible, in l'entorn of mercats current, trobar an investor seriós per… https://t.co/h9ffnhkwjw

— Víctor Font (@victor_font) June 29, 2024

In this point, the FC Barcelona will have to define a new plan for Barça Half. Between the options that stir find the research of a new partner investor, the sale of some active or the restructuring of the debt.