Official: Barcelona secure €40m funds boost
This comes amid confirmation of a collaboration with the Government of the Democratic Republic of Congo.
After being informed by La Liga that new sources of income would be required to return to the 1:1 financial rule this summer, Joan Laporta and co. had since been scouring the globe for potential revenue opportunities.
This search had given rise to talks with a whole host of companies and organisations the world over.
And as alluded to above, this week, one such round of negotiations have officially borne fruit for Barcelona.
As per a statement across the Blaugrana's website and social media platforms:
'FC Barcelona and the Government of the Democratic Republic of Congo (DRC) have announced a strategic four-year partnership with the objective of promoting football and the culture of sport and peace. This agreement signifies a shared commitment to fostering multi-sport development within the DRC and as part of it this collaboration the club will contribute to enriching the training of the country's young athletes by transferring its ecosystem of values, an indisputable pillar of the Barça model and style.'
As per an ensuing report from Spanish outlet , the deal 'will mean a figure of around 40 million euros of income for the club, 10 for each of the years of the contract'.
Conor Laird – GSFN
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