The keys to the Espai Barça referendum

Barça partners they will vote this sunday the ratification (or not) of the authorization to the board of directors to seek financing of up to 1,500 million euros for Espai Barça. This is a crucial decision for the future of the entity, since the partners will give the green light, or not, to the reform of the Camp Nou so that it produces income that sustains the activity of the club. It’s the first vote telematics of the history of the Barcelona club. Voting will be done exclusively through the FC Barcelona website, with a device prepared ‘in situ’ so that people who have difficulties can go to the Auditori 1899 and vote with assistance.

The estimated cost of Espai Barça

Hugo navarro

It must be understood that you do not vote to give the green light, or not, to Espai Barça (new Camp Nou, new Palau, Petit Palau, Campus Barça), but you vote to ratify the authorization, already granted by the Assembly, so that the board seeks financing for the project of up to 1,500 million euros.

Conditions and voting

According to the proposal put forward by the board of directors and the explanations that have been put on the table, hardly the cost of all the Espai Barça facilities do not exceed 820 million, a figure that the previous board of directors had foreseen. So they have chosen to ask the partners for the maximum they contemplate, so as not to be forced to go on requesting extensions. The cost of remodeling the Camp Nou and building the Nou Palau and the Barça Campus, as well as the Petit Palau, the Gel Track, the bus station and the redevelopment of the area will be very close to those 1,500 million, according to their calculations. The loan would be repaid in 35 years, with a 5-year grace period, and Barça would make the refund with part of the income generated by the facilities. It is, therefore, an investment rather than a debt, according to the board. It is probably managed by Goldman Sachs, which already signed a credit line with Barça in the summer of 595 million at an interest of 1.98%.

This is how the vote will be

This is how the vote will be

Hugo navarro

The partners they will vote telematically tomorrow through the club’s website between nine in the morning and nine at night. Those members who do not have the possibility to do so without assistance may go to the Auditori 1899 to vote with the assistance of the club.

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