BARCELONA : Barcelona approved on Thursday the sale of a minority share of their licensing and merchandising division and the cession of up to 25 per cent of income from their LaLiga TV rights in a bid to improve their financial situation.
The plan to sell BLM received 89.3 per cent backing from 636 participants , while the TV rights deal got 86.8 per cent support. Laporta, who presided over one of Barca's most successful periods between 2003 and 2010, was elected last year for a second stint with the Catalan giants after the previous board resigned due to the club's worsening finances and other controversies.
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