Spanish giants FC Barcelona has announced the arrival of their new CEO Ferran Reverter. Reverter will be a close associate to FC Barcelona president Joan Laporta who was elected in March this year.
Reverter was born in Catalonia and had been the CEO of the German consumer electronics retail group MediaMarktSaturn since 2018.
The 49-year-old joined the German company in 2002 and climbed the ladders to become the CEO of the company’s MediaMarkt Iberia, the Spanish branch of the group.
Reverter was also invited over by Laporta to make him familiar with the club’s functioning after the election and was also spotted with the board of directors of the club and also in the general assembly meetings. An official contract was sent out by the club after his current deal with the German company expired.
The previous CEO of Barcelona, Oscar Gau came into charge in 2016 but Gau also immediately left the club after the election results in March and was in the transition period.
The biggest task of the Laporta and Reverter would be to come out of the financial embarrassment created under the reign of Josep Maria Bartomeu. Currently, the club is facing an enormous debt of €1 billion but a refinancing package was approved by the new board of the club which can tackle the short-term solutions of the club.
Barcelona is currently a part of the controversial European Super League along with Real Madrid and Juventus. The trio are the founding members of this league and are still reluctant to turn their backs on this project.
Other than the economic woes, one of the prime issues of this board is to extend the contact of their club’s captain Lionel Messi which is still due. Messi is a free agent right now as his contract expired on 1st July but according to reports, the club is at the final stages of the agreement and the player will extend his contract for another two years until 2023