—>
Camp Nou facade

RISKY BET FOR THE CLUB

Barça will try to renegotiate payments to Goldman Sachs

Published:11/02/2023 - 14:44h

Updated:11/02/2023 - 14:44h

Barça would be evaluating new mechanisms for the payment of the credit granted by Goldman Sachs. This would consist of three payments of 500 million euros, but the interest could double the total cost

Calendar of FC Barcelona

To the margin of the sportive results, one of the big aims of the directive of the FC Barcelona is to carry out the initiative Espai Barça, that has like end remodel varied of the enclosures in which they do life the distinct sections of the club with the end to increase the profitability and face up to the economic problems. For this, has required of the support of financial entities, but the terms in the negotiations could suffer some changes.

Big part of the support for the Catalan entity comes from of the group of investment Goldman Sachs, that already has contributed to the club 595 million euros like part of the agreement crediticio with the current managerial, whereas during the presidency of Josep Maria Bartomeu had pactado another credit that round the 815 millions. Nevertheless, the changes entered in the project for remozar the Spotify Camp Nou have elevated the costs.

In total, east would reach the 1.500 million euros, what has carried to the Barcelona executive train to try reformular the mechanism for the payments, that could produce in three parts of 500 'kilos', although this measure could involve financial risks very big for the Barcelona, taking in account that the mount total could see increased of considerable way in front of the payment of interests.

The risk for the Barça

This mechanism has been given to know by 'Kroll Bond Rating Agency', indicating that the Barça would have three years tope to concretise the agreed quantities, having to disburse 500 millions in the years 2032, 2045 and 2052. These, to his time, contemplate interests that oscillate between the 3 % and the 4 %, by what the total amount of the credit could finish practically duplicating the figure until the 3.075 million euros, when in the agreement previously pactado the figure tope was of 2.400 millions.

These interests are of annual character, what supposes a very elevated cost for a club that is trying to replace in the economic section with measures like the ones of not paying traspasos except that produce sales in the market of signings. An agreement of this nature could suppose serious problems for the next administrations that can assume the control of the FC Barcelona in the next years.