the Germans still don’t pay and I cancel and the registrations get stuck

BarcelonaAlthough for days it has been distilled from Barça that the arrival of Joao Cancelo is closed with the player and agreed with Manchester City after discussing the last fringes of a transfer with an option to buy, we will still have to wait a few more days to make his signing official. The Portuguese, who does not count for Pep Guardiola after he reluctantly agreed not to be a regular starter last season, has no longer trained with the team this Thursday citizen.

In fact, the 29-year-old winger had planned to travel to Barcelona to undergo a medical and sign as a Blaugrana player, but at the moment this trip to the Catalan capital is still standby. At the moment, Cancelo is in Portugal waiting to get the green light to come to Barcelona. This, however, will take a few more days. Both from the noble offices of the Camp Nou and from the Ciutat Esportiva de Sant Joan Despí the message that is transmitted is one of tranquility and they send that his arrival will be activated when his fit in the legit play financial that Barça continues to have in excess.

In this sense, what explains that market operations get stuck is the lack of exit movements that generate capital gains and salary savings, but above all the commitment not exercised by Libero Football Finance, one of the funds that participate in the relever of Barça Vision. Of the 40 million euros that this German company has to pay before August 31, none has yet entered the Barça coffers. In fact, if Barça was able to sign up Ronald Araujo, Ilkay Gündogan, Oriol Romeu and Sergi Roberto before the first League match, it was thanks to the 20 million contributed by a Cypriot investor through NIPA Capital, a Dutch fund.

Libero’s 40 and the Cypriots’ 20 add up to the 60 the club needs to comply with the treasury plan approved by the League. 60 million that had to put and Orpheus Media, both partners of the lever of Barça Studios from last summer, which have finally not arrived. Now, to cover the hole, new investors are buying a share (29.5%) of the 49% of the previously traded audiovisual and digital tailor’s drawer.

These 60 million are half of the 120 that Joan Laporta and his team raised a few weeks ago in the framework of being able to take the new Barça Media to the Nasdaq (the largest electronic stock exchange in the United States) in the coming years, a operation that will be explained at the autumn assembly and that the trustees must approve.

Libero, where the former general manager of Manchester United and Chelsea Peter Kenyon acts as an advisor, and according to the documentation provided by Barça to the SEC –Security Exchange Commission, regulatory body of the American stock market–, he had to pay an initial 20 million dated August 11, but he did not. The second payment of 20 million had to arrive before August 21 with an extension until the 29 prior payment of 5 million in pledge. None of the two sections have reached the club’s coffers, according to sources well informed about this whole procedure, confirmed to the ARA.

The outstanding money, before August 31

Despite this inconvenience, the Blaugrana offices remain optimistic and expect the money to arrive before August 31. 40 million imperious in the short term so that Barça will not have problems not only to materialize the signing of Cancelo, but to complete the registrations of Marcos Alonso, Iñigo Martínez and Iñaki Peña and to regularize the file of Balde. The alternative to this route would be to look for new investors who guarantee immediate liquidity or to force exit movements of well-valued players in the market.

2023-08-24 16:17:33
#Germans #dont #pay #cancel #registrations #stuck


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