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Barcelona 'receive £1.2bn offer to write off debts'

Barcelona 'receive £1.2bn offer to write off debts'
© Reuters
Barcelona reportedly receive a £1.2bn offer from a company in Dubai to wipe out their significant debts and end their financial struggles.

Barcelona have reportedly received a £1.2bn offer from a company in Dubai to wipe out their significant debts and end their financial struggles.

Club president Joan Laporta announced over the summer that the La Liga giants are a staggering £1.15bn in debt, and as a result they were unable to afford to re-sign club legend Lionel Messi, who has since joined Paris Saint-Germain.

Barca also sold the likes of Ilaix Moriba, Emerson Royal and Junior Firpo to try to balance their books, while senior figures including Gerard Pique and Sergio Busquets have taken significant wage cuts.

Laporta has endured a difficult few months with the Catalan club since becoming their president in March, however Barca's finances could be handed a major boost as Spanish TV programme El Curubito reports that a company based in Dubai have tabled an offer worth £1.2bn (€1.5bn).

The report also stated that if Barcelona were to accept this offer, then they would receive the full amount immediately, which would help stabilise the club and prevent them from falling even further into debt.

Barcelona are understood to have previously rejected a multi-billion Euro deal between La Liga and a private equity firm, however the Dubai company's offer is considered to be much more appealing.

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Written by
Oliver Thomas

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Tables header RHS
TeamPWDLFAGDPTS
1Barcelona29213582285466
2Real Madrid29196462293363
3Atletico MadridAtletico29169447232457
4Athletic Bilbao291411446242253
5Villarreal28138751391247
6Real BetisBetis2913884036447
7Rayo Vallecano29101093331240
8Celta Vigo29117114242040
9Mallorca29117112835-740
10Real Sociedad29115132731-438
11Getafe2999112625136
12Sevilla2999113339-636
13GironaGirona2997133745-834
14Osasuna2971393342-934
15Valencia29710123246-1431
16Espanyol2878132740-1329
17AlavesAlaves2969143244-1227
18Leganes2969142846-1827
19Las PalmasLas Palmas2968153348-1526
20Real ValladolidValladolid2944211965-4616


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