Laporta steps up bid to become Barcelona president

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Laporta steps up bid to become Barcelona president

Joan Laporta has stepped up his bid to become Barcelona president ahead of the summer election after securing the €76 million financial guarantee needed to run for the position.

The Liga de Futbol Profesional (LFP), responsible for administering the two professional football leagues in Spain, requires a 15 per cent guarantee of a club's expenditure from candidates before they are allowed to launch a bid, amounting to €76m at Barcelona.
Laporta has yet to publicly confirm that he will run for the position, but has already gathered the financial support necessary to do so and is expected to formally announcy his candidacy in the weeks leading up to the election, granting himself the time to put together a team around him and gain as much monetary support as possible to back his bid.

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