Barcelona board gave marketing contract to company involved in financing campaign



Barcelona president Joan Laporta and his board are once again under scrutiny over the handling of the bank guarantee that allowed them into the club, and the contracts awarded by Barcelona.

According to El Periodico, the investigation taking place in Barcelona as a result of the Caso Negrera case has sparked a series of worrying moves. ISL Futbol Limited Liability Company, a sports marketing company from the United States, sent a bank transfer to an account in Spain amounting to €350,000, which was in the name of all the original board members that President Laporta joined after his election. .

It is claimed that this money was then used for their bank guarantee, with the board required to guarantee 15% of the club's budget as part of La Liga regulations, which in Barcelona's case was €124.7 million in 2021. ISL LLC claimed it was a loan, but it was not confirmed. Repaid yet, unlike many other bank guarantee financiers.

Just six months later, and with Laporta and his board now in place, ISL LLC was awarded a contract by Barcelona to organize and market part of their pre-season tour of the United States at that time, with matches against Real Madrid and Juventus in the summer of 2022. The company denies that The contract for organizing these games is linked to their loan.

ISL LLC, headed by two Catalan businessmen, Alex Eserne and Marc Segarra, has been working with Barcelona for nine years, and the relationship first began in 2015, under the presidency of Josep Maria Bartomeu. They helped organize Barcelona's first summer camps in the United States in Raleigh, Charlotte, Richmond, Cincinnati and Louisville. Keep doing that, and you have 35 different sites.

Meanwhile, the Spanish Tax Authority is also investigating the bank guarantee for other reasons. There is suspicion that more than half of the guarantee was provided by people who are not members of the Board of Directors, which is impermissible and would likely result in re-election if this turns out to be the case. El Perioico says they suspect Jaume Roures' company Orpheus Media provided a €30 million line of credit, while José Elias, head of energy company Audax, guaranteed €40 million.

It is clear that Barcelona's board have not yet been found guilty of any wrongdoing, but it does bring further scrutiny to their financial management, which has already been called into question. This is further evidence of irresponsible management,” former rival presidential candidate Victor Font told Catalunya Radio via Diario AS.

“There is evidence of one of the club's suppliers paying a guarantee that must be paid by the board, a newspaper reported today. This would amount to another administrative offence. There is no effective monitoring mechanism. And whoever governs does this without thinking about the members. These are the tips of the mountain Ice that can be seen if this is true, it is a very serious violation.

“In the club now there are only Laporta's friends and family. They have all left. The people who make the main decisions are Laporta's former brother-in-law, who has no position but is present in all the decisions, Deco, the former brother-in-law's friend, Yuste, a good person, and Laporta, who can To love the club as much as he wants, but he is not a coach before who knows how to delegate, he did it [Johan] Cruyff and Texan [Begiristain] As advisors…, it has nothing to do with what is happening now.”





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