June 30, 2022
FC Barcelona and Sixth Street reach an agreement for the acquisition of a 10% share of the Club’s LaLiga TV rights
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Club continues to execute on strategy to improve financial strength and competitiveness
Barcelona – June 30, 2022 – FC Barcelona today announced a major step forward in the improvement of the Club’s financial resources and competitive positioning through a new investment from Sixth Street, a leading global investment firm highly experienced in the business of sport.
With this transaction, FC Barcelona generates a total capital gain of €267 million for the current season. Sixth Street will initially invest €207.5 million and in return will receive 10% of the Club’s LaLiga TV rights for the next 25 years.
The transaction is being executed after receiving overwhelming support from the Club’s members at its recent Extraordinary General Assembly.
“We are activating economic levers and executing on our patient, sustainable, and efficient strategy to strengthen the club’s financial footing,” said Joan Laporta, President of FC Barcelona. “Sixth Street is a proven supporter of football, an experienced investor across global sports and media, and a partner that will contribute significant knowledge and resources while allowing us to independently manage our operations.”
“We believe in the strategy Joan Laporta and FC Barcelona are implementing and are proud that one of the most celebrated clubs in football has chosen us to be its partner and capital solutions provider,” said Alan Waxman, Co-Founder and CEO of Sixth Street. “Our team looks forward to a long-term partnership providing our flexible capital and deep sports sector expertise to support Barça as it continues to strengthen its organization and achieve its strategic objectives.”
About Sixth Street
Sixth Street is a global investment firm with over $60 billion in assets under management and committed capital. Sixth Street uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 400 team members including over 180 investment professionals operating around the world. For more information, visit www.sixthstreet.com, or follow Sixth Street on LinkedIn, Twitter, and Instagram.