Former Manchester United and Chelsea CEO responsible for Barcelona’s unsuccessful financial strategy

Introduction to this article:
Barcelona is in legal dispute with German investment fund Libero over a payment that was not received for the sale of 9.8% of Barca Studios. The situation has been further complicated by the resignation of former Chelsea and Manchester United CEO Peter Kenyon from the company, just three days before the extended payment deadline.

Peter Kenyon’s Resignation

According to Sport, Peter Kenyon, who had previously served as CEO at Chelsea and Manchester United, resigned from Libero just before the payment deadline to Barcelona. His departure, along with several other directors, has raised questions about the reasons behind his sudden exit and the impact it could have on the deal with Barcelona. The German company announced that Klaus Bruggerman, a former human resources director at Lufthansa, will be replacing Kenyon.

Concerns for Barcelona

With the departure of the football-minded CEO and the replacement by someone from a different industry, Barcelona may face uncertainties about the future of their deal with Libero. The timing of Kenyon’s resignation and the lack of clarity surrounding his departure has added to the already messy situation, leaving all parties involved in a state of turmoil.

Overall, the article highlights the legal dispute between Barcelona and Libero, as well as the unexpected resignation of Peter Kenyon and its potential implications for the deal. The situation is characterized by uncertainty and complexity, posing challenges for all parties involved.