FC Barcelona's board of directors met on Tuesday to approve a key credit expansion and set the date for its General Assembly. The governing body of the Catalan club greenlit a financing expansion of approximately 500 million euros for the Espai Barça project, as reported by Mundo Deportivo.
The meeting, the first ordinary session after the August transfer window closed, also set Sunday, September 20 as the date for the 2026-27 General Assembly of delegates. This decision brings forward the traditional mid-October gathering by nearly a month. The move aims to avoid holding an Extraordinary and an Ordinary Assembly in a very short timeframe. The club's statutes require the Assembly to be called with 15 days' notice.
What was approved in the meeting?
The central point of the agenda was the authorization of the credit expansion with Goldman Sachs for Espai Barça. This financial unlock is necessary for the stadium remodeling and surrounding area works to continue their planned progress. Without this approval, the project would face significant delays.
Furthermore, the board ratified the incorporation of seven new directors who had already been performing their duties since February. Rafa Yuste, Josep Cubells, Alfons Castro, Josep Ignasi Macià, Àngel Riudalbas, Joan Solé, and Sisco Pujol completed their officialization process. These board members were part of the winning slate in the March 15 elections and provisionally assumed their roles on February 9 following Joan Laporta's resignation, with official appointment on July 1.
How does it affect the club's budget?
The figures presented for validation reflect a very positive economic situation. The 2025-26 fiscal year will close with historic management revenue exceeding 994 million euros, generating a surplus against budgeted income of 1.075 billion. The club has been reviewing and validating these accounts with auditor Crowe Global in recent weeks.
For the 2026-27 season, the budget will surpass the 1.1 billion euro mark for the first time. This growth is supported by the Spotify Camp Nou naming rights, which will generate full-capacity income from the first half of 2027. The sponsorship contract with Spotify was extended until 2030 for men's and women's football shirts, and until 2034 for the stadium name. This agreement was announced on October 17, 2025, two days before that year's General Assembly.
What other agreements need validation?
The September 20 Assembly will have on the table the approval of an agreement with the Emirati company Ohana Development. This deal involves the transfer of a residential complex in exchange for about 10 million euros annually for Barcelona's coffers. It is one of several commercial agreements the board has negotiated to strengthen non-sporting income.
The team's current sporting context is excellent, providing a favorable backdrop for these institutional decisions. FC Barcelona leads La Liga with 9 points, after three wins in three matches. Their goal difference is 12 scored and only 2 conceded, a +10 balance. You can check the full evolution on our standings page.
Who is out for the next match?
The team faces its next fixture against Valencia, sixteenth in the table, on September 6. For that away match, the manager will be without Frenkie de Jong, Gavi, and Roony Bardghji, all on the injuries list. The board meeting takes place precisely one day after the league match against Sevilla at the Sánchez Pizjuán, with the presence of president Joan Laporta and other executives, as noted by Mundo Deportivo.
"The date that has the most numbers is Sunday, September 20, one day after the league match against Sevilla at the Sánchez Pizjuán with the presence of president Joan Laporta and other executives," the sports outlet stated. Barcelona's next match is on September 6, 2026, against Valencia at Mestalla.
