Football News

FC Barcelona announce another sale of 24.5% of Barça Studios to Orpheus Media

Barcelona has officially announced a transaction worth €100 million ($102.9 million), in which the Spanish soccer giants would give up a 24.5% ownership in its internal Barça Studios content centre to Orpheus Media, a production business led by Catalan media billionaire Jaume Roures. The transaction follows one similar to it with Socios that was finalised last month. That agreement involved a comparable price and stake in the business, valuing Barça Studios at €400 million (US$411 million). 

The deal is the club’s fourth capital infusion through what club president Joan Laporta refers to as “economic levers” meant to strengthen Barca’s financial position and sign players who will fall within the LaLiga salary ceiling for the 2022–23 season. Barca claims that the agreement was reached with the consent of its members and was approved by the general assembly in October 2021. 

Although this monetary infusion will make it simpler for some new players to be formally available for selection, the club did not clarify that this fourth lever would allow them to register every new recruit with La Liga.

Enlightening about the deal, a club statement said:

“FC Barcelona announces the sale of 24.5% of Barça Studios to the company Orpheus Media, managed by Mr. Jaume Roures, an audiovisual production company with a long history of producing content, for €100 million. The agreement complements the one signed on 29 July with Socios.com and will help to accelerate the growth of the club’s digital, NFT and Web 3 strategy.

“The sale was conducted under authorization of the General Assembly of FC Barcelona Members last October 23. With this investment the strategic partners in Barça Studios show confidence in the value of the project and the future of digital content in the world of sport.”

Bhavya Das

My eagerness, interest and inclination towards sports has continuously been forging and fortifying my personality as a writer. My sincerity to it is strengthened by the strong foundations of my musical attribute.

Recent Posts

Williams Racing extends Duracell deal

Multi-year extension announced British Formula One team Williams Racing have announced a multi-year extension of…

11 hours ago

Juan Mata invests in San Diego FC

Spanish footballer Juan Mata has been revealed as an investor in new Major League Soccer…

11 hours ago

NBA extends Warner Bros. Discovery partnership

Long-term extension announced The National Basketball Association (NBA) has announced a new 11-year partnership extension…

19 hours ago

Pep Guardiola signs contract extension at Manchester City

Amidst growing uncertainty after Manchester City’s off the pitch legal issues and lacklustre start to…

19 hours ago

Football: Top 10 Summer Signings Across Europe’s Top 5 Leagues

Clubs across Europe’s top 5 divisions have made some huge deals this summer window, however,…

20 hours ago

WTA expands Rolex partnership

Rolex extends and expands deal The Women's Tennis Association (WTA) has announced a partnership extension…

20 hours ago