Spanish football club FC Barcelona announced that it has introduced new strategic partners to accelerate the growth of Barça Vision (Bridgeburg) and has entered an agreement with Mountain & Co. I Acquisition Corp to ensure the success of Barça Media.
Germany-based LIBERO football finance AG and private investors advised by NIPA Capital BV, a Dutch investment firm, are the new partners in Bridgeburg Invest, the holding company of Barça Vision.
LIBERO football finance offers holistic financial and economic advisory services to football clubs. They specialise in aiding clubs with financing, profitability, and various economic matters within the realm of professional football.
A €120M acquisition deal The club mentions that investors have acquired a 29.5 per cent stake in Barça Vision (Bridgeburg), an FC Barcelona initiative focused on integrating all digital content related to Web3, blockchain, NFTs, and the metaverse to build the digital Espai Barça.
This €120M acquisition involves shares previously held by Socios.com and Orpheus Media. The sale of the stake in Bridgeburg Invest was carried out following authorisation from FC Barcelona’s General Assembly of Members on October 23, 2021.
Socios.com and Orpheus Media will maintain a key role in FC Barcelona’s Web3 strategy, serving as strategic partners. They will leverage their expertise and technological infrastructure to create fresh opportunities through multiple channels, including the BAR Fan Token.