Earlier this week, a Spanish court ruled that FC Barcelona must pay €57.2 million to Sogecable for breach of contract. The sides differed over income Barca were to pay the media giants. Barca claimed that the contract provided only that it hand over income from televised UEFA compeitions. Sogecable contended that Barca were to hand over income from all televised competitions, even for sports such as basketball, for which the club also operates teams.
In exchange for these revenue payments, Barca received a flat fee from the company.
Club President Joan Laporta was quick to point out that the decision will not hinder the club's operations, as several companies owe the club debts that essentially offset the verdict. He also added that at this time, it does not appear that the club will appeal the ruling.
