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Barcelona is reportedly making major moves to dig itself out of the $1.57 billion in debt it revealed last year — and the fact that it was technically bankrupt.

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The club hopes to use new funds for signings — and to help its balance sheet at the end of June.

The roughly $420 million it’s seeking would come from two deals:

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The club is looking to offer up 49% of Barca Licensing and Merchandising to Fanatics and Investindustrial. The funds would be distributed throughout a decade-long period.

The team is also auctioning off 49% of Barca Studios. Barcelona has been looking to sell part of Barca Studios since at least October of 2021.

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In March, Barca signed a reportedly lucrative partnership with Spotify that included naming rights for Camp Nou and kit sponsorships.

And last year, members voted for a $1.69 billion renovation plan for Camp Nou, which the club estimates will eventually pay out $225.7 million in revenue each year.

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