Barcelona confirmed on Friday they have activated the infamous fourth ‘economic lever’ ahead of the start of the new La Liga season this weekend.
The Catalans have sold off another 24.5% of Barca Studios for a fee of 100 million euros as had been widely expected.
Here’s the club’s official statemet:
“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 euros.
“The agreement complements the one signed on 29 July with Socios.