Laporta gets the approval of 125 million euros to become president of Barcelona

BARCELONA – Joan Laporta will be officially proclaimed President of Barcelona at Camp Nou on Wednesday after concluding all the details of the 125 million euros guarantee (15 percent of the budget) that he must present with his board of directors, an essential condition access to the club’s leadership after winning the election.

The signing of the guarantee, with the guarantee of the Banco de Sabadell, was carried out on Tuesday, sources close to the president confirmed to ESPN Deportes, after a few hectic and unexpected days, after the resignation of Jaume Giró, called to deputy. to be. president economic and that gave his colleagues a lot of headaches.

The President-elect will urgently submit these guarantees to LaLiga, following the departure of Giró, which he decided to give up after disagreements with Laporta, which forced him to search for guarantees backed up with the aforementioned Giró and again through his previous negotiations. to activate.

After the guarantee has been deposited with the employer this Tuesday, it must give the green light as a guarantee for the possible losses of the incoming board, after which the management can officially carry out the transfer of powers to the new board. .

On Wednesday, the maximum deadline to ratify the approval of the new board, ten days after election day as stipulated in Barça’s statutes, was fulfilled in order to avoid a new electoral process.

Laporta and his management team agreed to provide the guarantee with Banco de Sabadell without the need to finally agree with foreign risk funds (from the United States) that had not elicited minor criticism of the leader in recent days. During the past few days, the president has liaised with several top-level business people and executives and has entered into an agreement with the Catalan company Audax, whose Vice President Eduard Romeu will join the board, likely as Vice President of Economic Affairs and with contributions related to the decisions that be taken. in this sense. In this way, Romeu will take the place of Giró in a meeting that could be expanded in the coming days with at least three other members.

After the issue has been resolved, the new president and his board of directors will take office at Camp Nou Wednesday afternoon, in a ceremony attended by a representation from each sporting division of the club, headed by the captains, in which Carles Tusquets will say goodbye. with a speech to be followed by another from Laporta, who previously had a private meeting with the manager’s manager to carry out the transfer of powers explaining in detail the current financial balance of the club.

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