FC Barcelona Hires Sergio Serrano as Financial Director to Tackle €2.5 Billion Debt
Joan Laporta, re-elected FC Barcelona president on March 15, appointed Sergio Serrano, a Banco Sabadell executive, as the club's new financial director. Serrano will lead the final phase of a restructuring plan to refinance Barcelona's estimated €2.5 billion debt, including a €1.45 billion Goldman Sachs loan for the Espai Barça project. The club's credit rating is at solvency limits, and budget deviations could increase costs by 26%. The move aims to stabilize finances amid ongoing summer transfers.
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Barcelona Hires Sergio Serrano as New Financial Director
FC Barcelona has appointed Sergio Serrano, a former executive from Banco Sabadell, as its new financial director. Serrano will lead the club's economic restructuring and manage the largest financing operation for the Espai Barça project, which includes the renovation of the Camp Nou stadium and surrounding facilities. The move comes as the club faces significant financial challenges and seeks to secure long-term stability through major infrastructure investments.
Feed MRSS-S fc_barcelona_aBarcelona Hires Sergio Serrano as New Financial Director
FC Barcelona has appointed Sergio Serrano, a former executive from Banco Sabadell, as its new financial director. Serrano will be responsible for leading the club's economic restructuring and overseeing the largest financing operation for the Espai Barça project, which includes the renovation of the Camp Nou stadium and surrounding facilities. The move comes as Barcelona faces significant financial challenges and seeks to stabilize its finances while pursuing major infrastructure investments.
Feed MRSS-S fc_barcelona_aLaporta strengthens financial area with new director for second term
Joan Laporta, winner of the FC Barcelona presidential elections on March 15, will begin his second term on July 1, 2026. To address the club's ongoing economic challenges, Laporta has appointed Sergio Serrano, a Banco Sabadell executive with 25 years of experience in capital markets, as the new financial director. Serrano, known for his role in restructuring the former Caja de Ahorros del Mediterráneo (CAM), will report to general director Manel del Río and support economic vice president Ferran Olivé. Key tasks include restructuring the Espai Barça debt and expanding a credit line with Goldman Sachs beyond the initial €1.45 billion. Serrano previously worked with club communication director Gabriel Martínez at Banc Sabadell.
FútbolFC Barcelona President Laporta Hires New Financial Director Amid Summer Transfers
Recently re-elected FC Barcelona President Joan Laporta has made a key off-field signing, hiring Sergio Serrano, an executive from Banco Sabadell, as the club's new financial director. This move is part of Laporta's ongoing restructuring plan to refinance Barcelona's estimated €2.5 billion debt, including a €1.45 billion loan from Goldman Sachs for the Espai Barça project. On the pitch, Barcelona has completed two summer transfers: signing Anthony Gordon from Newcastle United for €70 million plus add-ons, and activating a €1.5 million release clause for Al-Ahly striker Hamza Abdelkarim. The club also decided not to trigger Marcus Rashford's €30 million buy option. Laporta, who won the March 15 election, aims to balance financial recovery with on-field competitiveness under coach Hansi Flick.
Forbes - BusinessLaporta Hires Banco Sabadell's Sergio Serrano as FC Barcelona Financial Director
Joan Laporta, winner of the March 15 FC Barcelona presidential elections, will take office on July 1 and has hired Sergio Serrano, an executive from Banco Sabadell known for restructuring the former Caja de Ahorros del Mediterráneo (CAM), as the club's new chief financial officer. Serrano, with 25 years of capital markets experience, will lead the final phase of the restructuring plan launched in 2021. His main objective is to refinance Barça's total debt, estimated at around 2.5 billion euros, including 1.45 billion from Goldman Sachs for the Espai Barça project. The budget has experienced a deviation of 300-400 million euros, potentially increasing costs by 26% if approved by club members. The club's credit rating is at the limit of solvency, indicating significant work ahead for Serrano.
Últimas NoticiasLaporta Hires Banco Sabadell Executive Sergio Serrano as Barcelona's Financial Director
Joan Laporta, winner of FC Barcelona's presidential elections on March 15, will take office on July 1 and has hired Sergio Serrano, a Banco Sabadell executive with 25 years of capital markets experience, as the club's new financial director. Serrano, known for cleaning up the former Caja de Ahorros del Mediterráneo, will lead the final phase of Barcelona's restructuring plan launched in 2021. His main objective is to refinance the club's total debt of approximately 2.5 billion euros, including a 1.45 billion Goldman Sachs loan for the Espai Barça project. The debt may increase by 300-400 million euros if members approve a credit extension, raising costs by 26%. Barcelona's credit rating is at the limit of solvency, and Laporta aims to resolve the economic crisis stemming from the Covid-19 pandemic.
Últimas NoticiasLaporta Hires Banco Sabadell Restructuring Expert Sergio Serrano as Barcelona's Financial Director
Joan Laporta, winner of the March 15 FC Barcelona presidential elections, will take office on July 1 and has hired Sergio Serrano, a Banco Sabadell executive with 25 years of capital markets experience, as the club's new chief financial officer. Serrano previously restructured the former Caja de Ahorros del Mediterráneo (CAM). His main task will be to refinance Barcelona's total debt, estimated at around 2.5 billion euros, including a 1.45 billion loan from Goldman Sachs for the Espai Barça project. The debt may increase by 300-400 million euros if members approve a credit extension, raising costs by 26%. The club's credit rating is near the solvency limit, and Laporta aims to complete the restructuring plan launched in 2021 to address the economic crisis worsened by the Covid-19 pandemic.
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