Back to overview

Monday briefing: FC Barcelona unveils SPAC merger for launching $1 billion content business

IMAGO

Chelsea FC's owners confident of major reset after calamitous first year

Newcastle United CEO: Our objectives unaffected by owners investment in Saudi

LaLiga files complaint against PSG with European Commission

Sochaux's former president completes takeover, ending Chinese conglomerate's era

14 August 2023 - 4:30 AM

FC Barcelona have announced a merger deal with a special-purpose acquisition company (SPAC), Mountain & Co. I Acquisition Corp, to list a $1 billion new content creation business, Barca Media, on Nasdaq.

The deal, which is still subject to approval by club members and the SPAC's shareholders, aims to bring in new capital and strengthen the club's presence in the digital and audiovisual sectors.

According to FC Barcelona, the agreement will allow Barca Media to access a

Do you want to read this article?

Get smarter in minutes. Straight to your inbox
21-day free trial

No credit card required. No strings attached. Your access ends automatically, so there’s nothing to cancel.

Activate instantly with the link we’ll send you.