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Barcelona members approve sale of minority stake in licensing arm, media rights revenue

General view inside of Barcelona's Camp Nou stadium (Photo by Eric Alonso/Getty Images)

FC Barcelona members have approved plans to sell a minority stake in its licensing and merchandising division, and up to 25 per cent of its LaLiga broadcast rights revenue, with the club hoping to generate around €600m ($631m) in income from both operations.

Eighty-eight per cent of the 671 members who voted backed the proposal to sell a stake in Barça Licensing & Merchandising (BLM), with 87 per cent supporting the sale of a portion of the club’s domestic media rights.

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