sports

Barcelona secures funding for new Palau Blaugrana

FC Barcelona has secured an external investor to finance the new Palau Blaugrana, with the club providing land and the investor covering construction costs.

Announced by president Joan Laporta and economic vice president Ferran Olivé during the September 19 General Assembly, the deal involves Barcelona contributing the land where the former Miniestadi stood, while an external company will fund the construction. In return, the company will receive rights to operate non-Barça events at the venue for up to 50 years. iwanktv.club