MX23RW : Friday, February 7 08:52:33| >> :120:36743:36743:

Barcelona 'take out €500m loan for summer signings'

Barcelona 'take out €500m loan for summer signings'
© Reuters
Barcelona president Joan Laporta reportedly plans to help ease the club's €1bn debt by agreeing a €500m loan with an American investment bank.

Barcelona president Joan Laporta has reportedly struck a deal with an investment bank for a €500m (£430.4m) loan for the cash-strapped Catalans.

With Barca still reeling from the financial impact of the coronavirus pandemic - facing debts of up to €1bn (£860.9m) - big-money summer signings were previously thought to be off the table.

The Blaugrana are instead expected to focus on signing free agents such as Eric Garcia, Memphis Depay and Sergio Aguero, while as many as 14 players at Camp Nou could supposedly be up for sale this summer.

However, ESPN now reports that Laporta has agreed a €500m loan with an American firm, although the first €100m (£86m) will go towards repaying the players' wages and another €265m (£228.1m) will be repaid to the banks.

Despite their ever-growing debt, the report claims that Laporta is still keen to land a "marquee" signing this summer, and a recent report claimed that Barca have made contact with Harry Kane amid rumours that he has handed in a transfer request at Tottenham Hotspur.

The Barcelona president is also thought to be considering sacking manager Ronald Koeman, but the club's finances would take another hit if they were to relieve the Dutchman of his duties.

ID:448068:1false2false3false:QQ:: from db desktop :LenBod:collect3082:
Written by
Ben Knapton

Click here for more stories about Joan Laporta

Click here for more stories about Barcelona

Collect / Create New Data
Share this article now:
Tottenham Hotspur's Harry Kane limps off injured against Everton on April 16, 2021
Read Next:
Harry Kane 'prefers Man City move'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free match previews newsletter! Updates are sent twice a week.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Real Madrid22154350212949
2Atletico MadridAtletico22146237142348
3Barcelona22143560243645
4Athletic Bilbao22118333201341
5Villarreal22107544331137
6Rayo Vallecano228862624232
7GironaGirona229493130131
8Osasuna227962731-430
9Mallorca2293101928-930
10Real BetisBetis227872528-329
11Real Sociedad2284101819-128
12Sevilla227782430-628
13Celta Vigo2274113135-425
14Getafe225981717024
15Las PalmasLas Palmas2265112736-923
16Leganes225891930-1123
17Espanyol2265112133-1223
18AlavesAlaves2256112534-921
19Valencia2247112237-1519
20Real ValladolidValladolid2243151547-3215


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!