Barca sell off stake in media arm to raise more funds

Barcelona have sold a 24.5% stake in their audiovisual studio to production company Orpheus Media for €100m as they look to raise more funds to register new players.

The agreement comes after the club signed a deal with digital fan token firm Socios.com to sell off 25% of their stake in Barca Studios last month.

"With this investment the strategic partners in Barca Studios show confidence in the value of the project and the future of digital content in the world of sport," the club said in a statement.

Barca have been using several mechanisms to increase their revenue in order to offset losses, reduce debt and fulfil La Liga's financial fair play rules.