whitbyviking
Full Member
- Joined
- Aug 15, 2022
- Messages
- 3,093
Laporta doesn't have the rights to sell more shares than the socios allowed him to last summer and they only voted for 49,9%. It means we're still taking about the original 49,9% here. The club belongs to 100% to its members. Every big decision has to go through a vote during a socio's meeting. In some parts of the world, fans are used to the whims of their owner maybe, but in Barcelona Laporta still needs to follow the rules.
That said, the choice to pick those 2 companies who didn't pay up doesn't look good again. But I don't have any inside knowledge in the investement world to know if this a common thing or not. If the new reports are true, nothing changed but the owner of the shares and barca can register every player.
Getting €180m for a 49,9% share of a branch, that wasn't even profitable so far doesn't look like a bad thing. Especially if the investor brings in knowledge to grow that branch, because he wants to make more money. But that's a bet on the future.
All I said is, we're still talking about the original 49,9% shares the socios allowed Laporta to sell, not additional ones.
Both companies made a down payment of €10m each, but they failed to pay the first of three installments (€30m each). Now we need to wait for an official statement on how exactly they will handle the new sale and distribute the shares.
I was just responding to your last line that seemed to say, with some certainty, that you were only selling 49.9%, which without further information doesn't seem feasible without creating a big mess, or at least highlighting inconsistency with last year's FFP.