Barcelona Overcomes Financial Crisis with Gulf Investments
FC Barcelona overcame a major financial crisis by securing investments from the UAE, Qatar, and Saudi Arabia. These funds allowed the club to comply with the 1:1 rule, which requires balanced financials to register new players.
Club president Joan Laporta revealed that 475 VIP seats in the new « Spotify Camp Nou » stadium were sold to two companies, one Qatari and the other Emirati. This deal brought in €100 million, with €30 million paid by the Qatari company and €70 million by the Emirati company.
The 30-year agreement allows investors to resell seats at higher prices. Each seat is priced at approximately €22,000 annually, a fixed yet adjustable rate. Laporta assured that members will have access to full details in an economic report.
By winning the Spanish Super Cup in Jeddah, Barcelona bolstered its financial position with an €8 million prize. Saudi Arabia pays €40 million to host the tournament, part of which is distributed among the participating teams.