World Sports: Laporta and Cheferin talks to discuss UEFA s penalties for Barcelona
According to the Spanish media "World Sports", Laporta and Cheferin negotiated UEFA's punishment for Barcelona.
After learning that UEFA proposed a fine of 60 million euros to punish Barcelona for reoffending in the sale of temporary assets, the club launched a full-scale diplomatic effort to try to bridge the differences. According to previous reports, Barcelona successfully reduced the fine to 15 million euros, provided it must comply with La Liga and UEFA's fiscal fairness bills at the same time.
This Wednesday, Catalan Radio reported through the program ‘Tot Costa’ that another summit was held between Barcelona President Laporta and UEFA President Ceferin, and both sides continued to discuss the matter in good faith. The meeting was designed to finalize the final details of the fine and the exact fiscal equity bill requirements that need to be met. It is reported that the meeting was held in Switzerland and Barcelona's feelings at the end of the meeting were positive. The root of the controversy lies in the "leverage" operations launched by Barcelona in the summer of 2022, which have had a positive impact on its financial situation starting in the 2022-23 season. That summer, Barcelona sold a percentage of its first-team game television rights. For example, 10% of its 25-year broadcasting rights were sold to Sixth Street for 207.5 million euros. Subsequently, another 15% of the broadcast rights were sold to the same company for a price of 315 million euros.
La Liga accepted these operations, but UEFA did not recognize them, on the grounds that these sales cannot be defined as "operating income" but should be regarded as "revenue for disposing of intangible assets". Therefore, UEFA imposed a penalty on Barcelona in 2024, and although Barcelona appealed to the Spanish Court of Arbitration for Sport, it eventually paid a fine of 500,000 euros.
UEFA took action again after discovering that Barcelona had maintained a similar economic strategy, and this time it proposed a fine of 60 million euros, which forced Laporta to take action. He met with Cheferin himself many times, especially during the Women's Champions League final and the UEFA Nations League final. After experiencing a period of disagreement arising from Barcelona's participation in the European Super League, the two sides now maintain a good relationship. There is no doubt that the European Super League is a difficult issue in these summits that is inconvenient to state.
Barca argued that since the club is not a sports company like most clubs, it cannot increase capital and expand shares. This is a measure taken by its rival clubs to improve their economic operation capabilities and has been recognized by UEFA. Barcelona explained that given that the club has no stocks or shareholders, only members who have voting rights to decide on the club's governance, the operation equivalent of capital increase and share expansion is a transaction called "leverage".
In addition, Barcelona pointed out that institutions like La Liga that have such strict requirements on club financial fairness bills, and La Liga President Tebas also recognized these "leverages" at the time. In other words, in Spain, Barcelona sells assets for a period of time and then the club recovers these assets.
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