Barcelona obtains a loan for 700 million dollars with a validity of 10 years

BARCELONA – Barcelona will enjoy an economic injection of almost 700 million dollars (694) thanks to the agreement formalized with the Goldman Sachs group for a term of ten years, said this Friday a report from Mundo Deportivo that sources from the azulgrana club later confirmed to ESPN Digital.

The loan, already advanced by Joan Laporta during the press conference he gave last Monday, is divided into a part of 531 million dollars and another of 163 million intended to renegotiate part of the debt inherited from the board of Bartomeu, which will also allow, if necessary, to issue debt bonds of up to 81 million if necessary for the club.

The capital inflow, with an interest rate of 1.9 percent against the 6 percent previously signed by Barcelona, ​​will allow the club to meet its financial obligations, accelerate the new Strategic Plan announced during the election campaign by Laporta and face , in another different operation, a negotiation to finance the Espai Barça, which the new board already estimates at a cost of more than $ 1.4 billion and the works at the Camp Nou, pending the approval of the Assembly that will take place in October, he plans to start at the end of this season.

The works at the Camp Nou will make it very difficult for the Barça team to stay in the stadium during its performance, and within the board it will have to be specified whether to move their matches to the Stadium. Johan Cruyff or closes an agreement with the city council to use the Olympic stadium, the capacity makes it a more feasible solution and the option was already advanced by ESPN last May.

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