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Socios.com Purchased a 25% Stake in FC Barcelona’s Audiovisual Division for €100 Million

Socios, which has previously collaborated with numerous sports organizations, is currently investing 25% of its capital in Barcelona‘s audiovisual studio.

According to the club’s president Joan Laporta, the Spanish football team has agreed to a transaction of 100 million euros (about $102 million), as reported by Reuters on Monday.

Notably, the deal is an attempt to increase new gamers to sign up while suffering losses. Prior to this, the club awarded American private equity firm Sixth Street another 15% of its LaLiga TV rights, giving the latter a 25% ownership stake overall.

In the meantime, Socios.com will join the FC as a technological partner to promote its Web3, NFT, and blockchain plans.

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