Urgent.News

What's breaking now, across thousands of outlets.

Business

Barcelona forecast €700m in sales from fresh VIP seat packages

Barcelona expect to generate about €700 million ($798 million) in committed revenue from 2,000 long-term VIP seat licences at the revamped Camp Nou stadium, the LaLiga club said in a statement on Friday. The VIP seats will be offered under 15- or 30-year licences, with buyers making an upfront payment. Barcelona expect all the seats to be sold over the next two-and-a-half seasons. The projected…

Barcelona forecast €700m in sales from fresh VIP seat packages

Barcelona anticipates generating approximately €700 million in committed revenue through the sale of 2,000 long-term VIP seat licences at the revamped Camp Nou stadium, according to a statement released on Friday. The club is offering these exclusive seats for purchase as either 15- or 30-year licences, with buyers making an initial payment.

The Barcelona club expects to sell all of these VIP seats within the next two-and-a-half seasons. This projected revenue would be generated throughout the duration of the contracts, as the club aims to transform its renovated stadium into a significant source of income. In December 2024, Barcelona finalized agreements for 475 VIP seats, valid for up to 30 years, valued at €100 million.

The club has already commercialized nearly 5,000 VIP seats, which account for over €380 million in committed revenue, with contracts varying in length. Recent reports suggest that Barcelona is exploring two new financing options totaling €510 million to address increasing costs and a shortfall in revenue stemming from the stadium renovation. The completion of the stadium redevelopment project is projected for the 2028-29 season.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at brecorder.com →

More in Business

Poundland suitors tussle to buy £30m discount retailer

Several bidders will table offers for Poundland on Friday, as the owners of the discount retailer seek £30m for the company they bought for just £1. Multiple suitors are expected to hand their bids to Gordon Brothers, which owns Poundland, on Friday, as the US investment firm rushes to complete a deal before the Christmas [...]

HK Electric cuts, CLP raises fuel clause charges

Power supplier HK Electric announced on Friday a decrease to the fuel clause charge by 1.4 cents, bringing it down to 59.3 cents per unit of electricity for October. Together with the basic tariff, the average net tariff next month will be 187.2 cents per unit of electricity, a 0.8 percent decrease from this month.

HK Electric cuts, CLP raises fuel clause charges

Power supplier HK Electric announced on Friday a decrease to the fuel clause charge by 1.4 cents, bringing it down to 59.3 cents per unit of electricity for October. Together with the basic tariff, the average net tariff next month will be 187.2 cents per unit of electricity, a 0.8 percent decrease from this month.

More from Friday 25 September →