the sale of 49% of its licensing and merchandising arm for around $200 million, another one-time shot in the revenue arm.
The point here isn’t to suggest that Barcelona is doing anything wrong. To the contrary. We applaud the team’s strategy as it builds its new stadium and continues to use cash to field a superb team, as Barcelona president Joan Laporta explained in the chat with me below. All I’m saying is when looked at through the lens of ongoing operations, Barcelona is still shy of itsSend me a secure
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