Barcelona have 50m euro summer transfer kitty
Barcelona have a further 50 million euros to spend on summer transfers after already securing David Villa for 40 million euros, the Spanish champions have announced.
The club took out a 155 million euro bank loan this week to address a cashflow problem and ensure players and staff could be paid their wages, but newly elected president Sandro Rosell has moved to assure fans that there are no long-term financial issues and that Pep Guardiola, who signed a new one-year contract this week, still has a significant warchest available.
"The club has approximately 50m euros net to spend on new players each season," Barcelona said on their website. "In the case of this season buying David Villa combined with the sales of Yaya Touré and Dmytro Chygrynskiy balance themselves out. This means the club still has 50m euros to spend."
Barcelona have had an offer of around two thirds of that kitty for Cesc Fabregas knocked back by Arsenal, and with the squad lacking in depth following the departures of Touré, Chygrynskiy and Thierry Henry, the club may need to bolster its ranks before breaking the bank to lure the Gunners skipper across from London, unless further sales are made.
The 2009 Champions League winners already have one of the finest squads in world football, with the addition of star striker Villa meaning they have seven of Spain's World Cup final-winning starting XI at their disposal.