sports

Barça secures €210M credit for transfers

FC Barcelona has secured a €210 million credit against television rights to strengthen their financial position for the transfer market.

FC Barcelona has obtained a €210 million credit against television rights to fund their transfer market activities, with €105 million arriving this July and the remaining €105 in November. The credit facility is part of the club's financial strategy to achieve their transfer objectives.

The credit decision comes after Morningstar DBRS maintained the club's BBB credit rating but changed the outlook from positive to stable due to increased debt related to the Espai Barça project. The club views this as reaffirmation of confidence in their business model and financial strategy. sportnewz.click