LIBERO HAS NOT PAID BARÇA €40M
To the courts! Barça will sue Libero for non-payment
As revealed by the EFE Agency, FC Barcelona has made the decision to take Libero Football Finance AG to court for non-payment of the purchase of 10% of Barça Vision. The investment fund has not met the deadlines
The relation between the FC Barcelona and Free Football Finance AG will finish in the courts. Still it is slope the payment of the 40 million corresponding euros on sale of 10% of Barça Vision, through Bridgeburg Invest and from the Catalan entity would have taken the definite decision to undertake legal actions after they did not fulfil the terms for the payment.
It is worth it to remember that, in principle, the Barça had sold 49% of his audiovisual arm, in 2022, to Orpheus Half and Socios.com by 200 million euros, but in front of the non-payment, during the summer of this year, went back to negotiate 29,5% of these 49% to Free and NIPA to unblock the market of signings. The first had not processed the payment and of there that the history go to finish in courts.
The information has been revealed by the Agency EFE this Sunday, after the Catalan entity had expanded the term so that the bottom German investor credited the 40 'kilos', that initially was posed for mediated of August. The final term was this 31 December and has not fulfilled .
The history behind Barça Vision
'Barça Vision' is the arm audivisual with which the Catalan entity groups his actions related to the Web3, NFT's and Metaverso, like part of the construction of the Espai Barça Digital. In this moment, when the Barça 'jointed' with Free Football Finance AG and the advisers of private investments NIPA Main B.V., Joan Laporta explained that "this step that give now is a strategic movement that contributes us new resources of face to that our platforms keep growing in a moment in that the demand by sportive digital content is in clear expansion and reinforces the road of digital transformation initiated in 2022".
The intention of the Catalans was that both companies formed essential part of the strategy Web3 of the club, with the mission to contribute knowledge and a technological infrastructure that allowed to the catalaes develop new opportunities by means of his channels and BAR Fan Token. Finally, they have not achieved the aim.
