Barcelona board gave marketing contract to company involved in financing campaign

Barcelona President Joan Laporta and his board are under scrutiny again for the handling of the bank guarantee that allowed them to enter the club, and contracts that Barcelona gave out.

As per El Periodico, the investigation being carried out into Barcelona as a result of Caso Negreira has thrown up a concerning series of movements. ISL Futbol Limited Liability Company, a sports marketing firm from the United States, sent a bank transfer to an account in Spain to the tune of €350k, which was in the name of all the original board members that President Laporta entered with following his election.

This money was then allegedly used for their bank guarantee, with a board required to guarantee 15% of the club’s budget as part of La Liga regulations, which in Barcelona’s case was €124.7m in 2021. ISL LLC have claimed that it was a loan, but it is yet to be paid back, unlike several other financiers of the bank guarantee.

Just six months after, with Laporta and his board now in situ, ISL LLC were awarded a contract by Barcelona to organise and market their US preseason tour at the time.

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