FC Barcelona: Vctor Font regrets how Bara is left after Lbero’s non-payment: “We continue to lose time”
EHe who was a candidate for the presidency of Only in the last elections, Vctor Fontwas critical and concerned about how the club is left after the non-payment of Lbero of the 40 million to which he committed for 10% of Just Vision.
He Barcelona has made the decision to sue Libero Football Finance AG for not having paid him the 40 million euros corresponding to the purchase of 10% of Just Visionoperation carried out through the company Bridgeburg Invest which ultimately has not occurred. For Fontthis has very serious consequences for the Only.
“There are 400 million ‘profits’ linked to this operation that could suddenly disappear. This would once again open a very large asset hole in the club and aggravate the Financial Fair Play situation. Doing this operation in a hurry, with unknown partners and without any relevant experience in the audiovisual sector carried these risks.
We continue to lose time, since three years after the elections and a year and a half after selling 49% of Bara Studios, no source of income generation has been built.
This situation completely eliminates the much-announced Bara Media IPO. An operation that was speculative and made little sense, but that was ‘sold’ as a great milestone.
Given the seriousness of the situation (remember that in the last Assembly the club’s financial results were ‘squared up’ thanks to this operation), those responsible for the management of the Bara should give convincing explanations to the members about how they want to resolve everything.
It is better to avoid ‘covering up’ this botch with another similar operation. That is, with unknown partners instead of industrial partners of recognized prestige.”
