Barcelona sells 15% of the TV rights of their matches

BERLIN: The club Spanish Barcelona announced on Friday the sale of a further 15% of the TV rights for the team’s matches in the Spanish league to the global investment company “Six Street”. Last June, Barcelona announced the sale of 10% of Six Street television rights. The company has obtained 25% of the television rights of Barcelona’s matches for 25 years, with an increase in its investment in club Catalan. “We are continuing our strategy and are delighted to finalize this further agreement with Six Street, which provides us with a significant increase in capital strength,” said the president of the club Juan Laporta in a note. He added, “We and Six Street have forged a bond over the past few weeks, have collaborated with common understandings regarding our organization’s goals and look forward to a long-term partnership.” (Dpa)