The Barcelona board of directors has resolved to authorize the sale of interests in Barça Licensing & Merchandising as well as the CVC TV rights arrangement, which is expected to bring in €740 million to the club.
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Barcelona’s board of directors met at La Jonquera earlier today, led by president Joan Laporta, to discuss the club’s next measures in order to dig out of its financial quagmire.
Due to the current state of the economy, the Blaugrana are now unable to sign and register new players or extend existing contracts.
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They are now preparing to deal with the situation by approving two agreements that will bring significant investment to the club.
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