Barcelona receives a massive financial boost from television rights

After Barcelona

According to Mundo Deportivo, FC Barcelona will receive a crucial financial boost in television revenue as a result of winning La Liga. The financially strapped Catalans recently won their first La Liga title in four years under head coach Xavi Hernandez.

Read More:- Barcelona set to reveal their first signing in the summer transfer window.

Barcelona will recieve €95 million from television rights

According to a Royal Decree, 50% of a total €1.4 billion in audiovisual rights money will be divided evenly among La Liga’s teams. The remaining 50% will be distributed based on their finish in 2022/2023. The fixed amount is €35 million ($37.5 million) every club. As Barcelona finishes first this season, they will receive an additional €60 million, totaling about €95 million. This is around €7 million ($7.5 million) more than Real Madrid, who will collect approximately €89 million ($95.1 million).

Focused only with themselves, the amount of money that Barcelona will receive is greatly appreciated. Currently the club is fighting to convince La Liga that they can afford to sign new stars such as Lionel Messi through a viability plan. La Liga president Javier Tebas has warned the Barca that €200 million must be reduced from the wage bill. They must achieve it in order to sign new players and register contracts for existing first team squad members.

To close deals, they will have to rely significantly on generating sales. However, the departures of high-paid veterans such as Gerard Pique, Sergio Busquets, and Jordi Alba have already helped significantly in balancing the books.

Estimates indicated that a total of €200 million would be awarded to Barca for winning Laliga. But this included an additional €140 million ($150 million) in television rights money. Remember that as part of one of their ‘economic levers’ last summer, Barcelona agreed to give American investment firm Sixth Street 25% of any television rights money they received. Hence, they would have to give the American investment group €40 million ($43 million) of this money. Nonetheless, this provides Barcelona with a much-needed €160 million.

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