The Board of Barcelona met this morning, in an ordinary manner, to agree on the date of the Assembly in which it will present and ask the partners for approval and authorization for the extension of Goldman Sachs’ credit to complete the construction of Espai Barça due to the extra cost with which it has been surprised. Today’s event was not attended by Joan Laportaadmitted for an arrhythmia, and was led by the vice president Rafael Yuste.
At today’s Meeting, the Board agreed that the Extraordinary Assembly to authorize the extension of credit will be included in the Ordinary which will take place in September, on a date yet to be determined. It will be made public in the coming days. “This formula brings greater convenience for the delegate members and at the same time a significant saving in organizational and financial resources,” the Catalan club explained in a statement.
The Ordinary Assembly It is usually in October, but the intention is to bring it forward to September, and make it coincide with a match day. “The club is advancing the process of closing the accounts corresponding to the 2025-26 season, as well as the preparation of the budget for the 2026-27 season, with the aim of including everything in the same agenda, in a single call and a single Assembly, which can foreseeably be held in the month of September,” the entity added in its letter.
Although the figure for the credit extension was not provided, it will be between 400 and 500 million euros. The initial budget is not being enough to undertake the renovation of the Barça facilities. He Barça He already asked for 1,450 Goldman Sachs, but the club needs more money to compensate for a deviation from the planned amount (due to the increase in the price of materials due to the war of Ukraine among other reasons) and to be able to finish the reform of the Spotify Camp Nouthe adaptation of the surroundings and the construction of the Palau.
This is what Spotify Camp Nou looks like
This extension of credit increases the extraordinary debt of the Catalan entity, not the ordinary one, but the Catalan institution assures that this extra money required can be assumed and returned thanks to the exploitation of the renovated facilities, which are a great source of income for Barcelona.
Laporta, hospitalized
The culé president was not at the meeting Directive because he is still admitted to a hospital due to an arrhythmia. The top person in charge, who is progressing favorably and who is now simply undergoing controls, did not enter electronically either. The meeting was chaired by the vice president Rafael Yuste.
This Wednesday’s ordinary meeting was the first of the new Board of Joan Laportare-elected last March as president of the Barça until 2031. The Catalan lawyer took office again on July 1.
