FC Barcelona board to hold key meeting tomorrow to set date for assembly vote on €300-400M credit extension

Published Jul 27, 01:55 PM UTC

FC Barcelona's board of directors is set to hold a crucial meeting tomorrow to decide the date of an Extraordinary General Assembly. The assembly will ask club members to approve a credit extension to cover cost overruns of between 300 and 400 million euros for the construction of the new Spotify Camp Nou and the rest of the Espai Barça project, including the new Palau Blaugrana. The club aims to hold the assembly between late August and early September, preferably on a match day to boost attendance. President Joan Laporta will use the meeting to update members on the stadium's construction status, which is expected to reach maximum capacity this season. Additionally, the assembly will vote on an agreement to export the Barça brand to a residential complex in the UAE (potentially earning 10 million euros annually) and a sponsorship renewal with Spotify.

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