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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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Tables header RHS
TeamPWDLFAGDPTS
1Real Madrid32256170224881
2Barcelona32217464372770
3GironaGirona32215667402768
4Atletico MadridAtletico32194959382161
5Athletic Bilbao321610652302258
6Real Sociedad321312746341251
7Real BetisBetis32121284038248
8Valencia32138113534147
9Villarreal32119125155-442
10Getafe32913103844-640
11Osasuna32116153746-939
12Sevilla32910134145-437
13Las PalmasLas Palmas32107153039-937
14AlavesAlaves3298152838-1035
15Rayo Vallecano32713122739-1234
16Celta Vigo32710153747-1031
17Mallorca32613132638-1231
18CadizCadiz32413152245-2325
19Granada3239203361-2818
20Almeria32111203164-3314


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