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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.
Sports Mole

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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