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

:Headline: Barcelona 'receive £1.2bn offer to write off debts':
Barcelona reportedly receive a £1.2bn offer from a company in Dubai to wipe out their significant debts and end their financial struggles.
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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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Premier League Table
TeamPWDLFAGDPTS
1Barcelona17122350193138
2Real Madrid16113234132136
3Atletico MadridAtletico16105130111935
4Athletic Bilbao1795326151132
5Villarreal157532725226
6Real Sociedad167361611524
7Osasuna166642225-324
8Mallorca177371620-424
9GironaGirona166462223-122
10Celta Vigo166372527-221
11Real BetisBetis165651820-221
12Rayo Vallecano155461516-119
13Sevilla165471723-619
14Las PalmasLas Palmas165382227-518
15Getafe163761113-216
16AlavesAlaves164391827-915
17Leganes163671423-915
18Espanyol1541101528-1313
19Valencia142481322-910
20Real ValladolidValladolid1623111134-239
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