Mountain & Co

Barcelona has terminated an agreement with Mountain & Co, a special purpose acquisition vehicle tasked with handling the Nasdaq flotation of the LaLiga club’s Barça Media business, to focus on “near-term” business opportunities.

Plans to list FC Barcelona’s Barça Media business in the US will be shelved at the end of this month if the Spanish club does not receive the €40m ($42.5m) it is owed from such a deal, following further renegotiations to the agreement.