Dubai company offers to buy Barcelona debt

 Catalan media said that Barcelona may get rid of its financial crisis through a recent offer made by a Dubai-based company, noting that the offer includes the purchase of the Spanish club’s debts amounting to 1.2 billion euros (1.4 billion dollars), for an amount of 1.5 billion. Euros ($1.75 billion).

And according to what was published by the Emirati newspaper, "Emirates Today", on Tuesday; The company offered the club to repay its debts over a comfortable period of up to 12 years, with the possibility of exemption from payments for two years.

The newspaper indicated that the Barcelona administration believes that the conditions are favorable, and that its vice president, Edward Romeo, and the club's CEO are studying the matter.

If the deal is completed, pumping this amount once will provide the club with the opportunity to strengthen its ranks of players during the winter transfer period.

If the offer is completed, there will be great comfort in dealing with sponsorship companies that will not be able to pressure the club with weak offers; Because she thinks the club needs any money, so they will accept weak offers.

Barcelona's short-term debt includes 266 million euros ($310.31 million) owed to banks and other financial institutions by the end of last June, as well as 197 million euros ($230 million) owed to other clubs for players signed by Barcelona.

The Spanish club abandoned its eternal Argentine star Lionel Messi, in addition to the French Antoine Griezmann; Because of his inability to meet his financial obligations to the stars of the Catalan giant.