Relief As Dubai Company To Buy €1.5bn Barcelona Debt – Reports

A Dubai-based company has offered Spanish giants Barcelona a massive relief by offering to buy the clubs debt valued at a whopping €1.5bn.

The move will see Barcelona move with ease in the transfer market, as the Catalan giants have been financially restricted due to crippling debts, which saw the club lose its star Lionel Messi due to inabilities to register the player.

The potential deal was revealed by Catalan-based 8TV, who showed what appeared to be a formal document from the unnamed Dubai company to buy Barcelona’s crippling debts.

As part of the deal, Barcelona would not be required to make any repayments to the Dubai company for two years and they would be able to extend their repayments over 12 years.

The deal is also said to come with low-interest rates and enough up-front payments to give Barcelona something to play with when the January transfer window opens.

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