Saudi Crown Prince Reportedly Weighs €10 Billion Bid for FC Barcelona

Reported €10 Billion Bid Surfaces

Reports from Spanish football media indicate that Saudi Crown Prince Mohammed bin Salman is considering a substantial €10 billion bid to acquire the renowned Spanish football club, FC Barcelona. The speculation, initially brought forth by journalist François Gallardo on the Spanish show El Chiringuito, suggests a potential landmark investment in one of Europe's most historic teams.

Ownership Structure Poses Significant Obstacle

The proposed €10 billion offer would, in theory, grant the Crown Prince total control of the club. However, a full takeover faces considerable structural and legal barriers due to FC Barcelona's unique governance model. Unlike many European clubs owned by individuals or private companies, Barcelona operates under a 'socio' system, meaning it is owned by its more than 150,000 club members. These members retain authority over major decisions, including any potential sale or change in ownership structure, and have historically resisted foreign takeovers.

Saudi Arabia's Broader Sports Investment Strategy

This potential bid aligns with Saudi Arabia's broader strategy to expand its influence in global sports, either through direct investment or via its Public Investment Fund (PIF). This initiative is a key component of Vision 2030, an ambitious reform program aimed at diversifying the kingdom's economy away from oil dependency and enhancing its global presence. The PIF has already made significant inroads into the sports world, including the acquisition of Premier League club Newcastle United in 2021 and taking ownership stakes in four Saudi Pro League clubs.

Barcelona's Financial Landscape and Alternative Avenues

Barcelona's financial situation has been a prominent topic in recent years, with the club carrying a significant debt load that previously exceeded €2.5 billion. This financial context is cited as a factor that could make the club an attractive target for substantial external backing. However, recent reports indicate that FC Barcelona has achieved a positive financial balance for the second consecutive year, with operating income reaching €994 million and an operating profit of €2 million, signaling a recovery process. Given the obstacles to a full takeover, alternative investment models are being explored. These could involve the Saudi Arabian Investment Fund making substantial investments in Barcelona's commercial or media divisions, a strategy reportedly also considered by Real Madrid, without gaining control over the club's day-to-day football operations.