FC Barcelona to Sell Stadium Title and Other Rights to Fight COVID 19

FC Barcelona’s executive board has decided to sell its ‘crown jewel’, the Camp Nou for a year in other to fight the Coronavirus which is currently tearing the nation of Spain apart. The board for the Spanish giants, announced on Tuesday that it would sell the Camp Nou’s title rights for one year in an effort to fight the Corona virus pandemic.

The stadium which is one of the most coveted and largest stadiums in the world of football, has a capacity of 99,000 seats and has never had a sponsor since it was opened in 1957.

Club vice president, Jordi Cardoner has opened up saying, “We want to send a universal message: For the first time someone will have the opportunity to put their name on Camp Nou and the revenues will go to all of humanity, not just Barca,” club vice president Jordi Cardoner told The Associated Press.

“The initiative arose in an emergency situation. We think that we have to have a very quick response, putting our crown jewel at the service (of the fight),” the vice president said.

The club had wanted to offer the stadium for sale in a 25 year contract for the first time in the 2023- 24 season. Wanting to do renovations and other facilities, while hoping to realise an amount of €300million during that season.

Jordi Cardoner who has just recovered from the Corona virus has said, the charity sale is hoped to make a profitable amount in other to fund the fight against the pandemic. The club vice president did not give an estimate of how much could be made from the one year sale, he did reassure that with the presence of Lionel Messi and the massive fan base in which the club possesses, the sale was bound to be a success.

Camp Nou is sending out an S.O.S.” Cardoner said. “We are open to everything. We want to maximize the economic participation and to ensure that the partners share our same social values.”

The club said it hopes to close a deal “in the coming weeks.” The decision will then have to be approved by a general assembly of club members, which number 140,000, likely to be held in October, if conditions permit.

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