FC Barcelona activate fourth lever to generate a further €100m ahead of LaLiga opener

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Joan Laporta has overseen a big summer of spending at Barcelona  (AFP via Getty Images)
Joan Laporta has overseen a big summer of spending at Barcelona (AFP via Getty Images)

Barcelona have confirmed they have sold a 24.5 per cent stake in their audio-visual studio to production company Orpheus Media for €100million.

The LaLiga giants have been criticised this summer for an ambitious and aggressive recruitment drive to have seen the likes of Robert Lewandowski, Raphinha and Jules Kounde move to the Camp Nou amid a backdrop of financial uncertainty.

As it stands, none of their new signings have been registered to play for the club ahead of their season opener against Rayo Vallecano on Saturday.

The agreement comes after the club signed a deal with digital fan token firm Socios.com to sell off 25% of their stake in Barca Studios last month.

"With this investment the strategic partners in Barca Studios show confidence in the value of the project and the future of digital content in the world of sport," the club said in a statement.

Barca have been using several mechanisms to increase their revenue in order to offset losses, reduce debt and fulfil La Liga’s financial fair play rules.

Additional reporting from Reuters