Home Trending News Barca CEO resigns over Spotify deal

Barca CEO resigns over Spotify deal

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Barca CEO resigns over Spotify deal

An exciting moment has quickly cast a dark cloud over Barcelona. The Catalan giants have had their CEO Ferran Reverter walk away after a deal with Spotify was signed.

As Futaa reported on Tuesday, Barcelona struck a deal with Spotify – but Ferran Reverter has now left Barcelona to move on with his career. According to the reports, Reverter’s shock decision is related to the club’s fresh deal to partner with the Swedish music streaming giant Spotify.

“Barcelona chief executive officer Ferran Reverter has resigned, with sources telling ESPN that the club’s sponsorship deal with Spotify was the latest in a series of contentious issues between the CEO and president Joan Laporta,” ESPN reported.

“Reverter had been seen as a key member of Laporta’s management team since taking up the position in July, as Barca look to restructure their finances and deal with the club’s €1.35 billion debt.

“A statement on Barcelona’s website on Tuesday cited “personal and family reasons” for Reverter’s exit, which will come into effect as soon as a new CEO is appointed.

“However, sources told ESPN that Reverter had disagreed with Laporta over a number of issues ever since he took the job at Camp Nou.

“The agreement with Spotify was seen as the last straw, sources said,” the outlet added.

 



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