sports

Barça Secures €210M Credit for Transfer Market

FC Barcelona has secured a €210 million credit from its television rights to strengthen its position in the transfer market.

The credit, approved by Morningstar DBRS which maintains Barcelona's BBB rating, will be delivered in two installments: €105 million this July and another €105 million in November. The financial move comes as the club increases debt for its Espai Barça project. zeppelin.cool

The credit injection is designed to provide sufficient financial guarantees to achieve transfer objectives, with Morningstar DBRS changing its outlook from positive to stable due to the increased debt levels.