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Barcelona agrees debt refinancing scheme, Laporta makes case for ESL

Camp Nou, the home of FC Barcelona (by Pedro Salado/Quality Sport Images/Getty Images)

FC Barcelona members have approved a proposed €525m ($624.1m) debt refinancing package, while president Joan Laporta has maintained the Spanish LaLiga club cannot afford not to be part of the “most attractive sports competition in the world” in the shape of the European Super League.

Barcelona held its general assembly yesterday (Sunday), the first under Laporta’s leadership since he returned to power in March, replacing Josep Maria Bartomeu. Delegate members approved the proposed debt refinancing scheme, with the club stating it plans to complete this operation “next August” with one or more “stable operators” in the financial market, through Goldman Sachs.

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