Soccer-Barcelona approve selling 25% of TV rights and 49.9% of retail arm


FILE PHOTO: Soccer Football - FC Barcelona present new signing Adama Traore - Camp Nou, Barcelona, Spain - February 2, 2022 FC Barcelona's president Joan Laporta during the presentation REUTERS/Albert Gea

BARCELONA (Reuters) -Barcelona approved on Thursday the sale of a minority share of their licensing and merchandising division and the cession of up to 25% of income from their LaLiga TV rights in a bid to improve their financial situation.

The club board hopes this will enable them to finish the financial year without losses and increase their spending limit.

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