‎Barcelona's €160m Transfer Debt Revealed: What They Still Owe Manchester City, Leeds, and Bayern Munich

By: Shawn
‎Barcelona remain burdened by significant financial obligations, with their latest 2024–25 financial report confirming that the club still owe €159.1 million (£138m/$184m) to various clubs from previous transfer deals. The report shows that €140.6 million (£122m/$163m) of this amount must be settled within the next year, underscoring the club’s ongoing efforts to regain financial stability despite record revenues.
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‎Barcelona owe €159m to clubs including Man City, Leeds, and Bayern despite €1bn revenue, highlighting their ongoing financial strain.
‎Getty Images Sport (3)
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‎Major Payments Still Pending to Leeds, Bayern Munich, and Manchester City
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‎The Catalan club’s largest outstanding balance is owed to Leeds United, with €41.9 million (£36m/$48m) still pending from the 2022 transfer of Raphinha. Bayern Munich are awaiting €20 million (£17m/$23m) for Robert Lewandowski, while Sevilla are due €24.5 million (£21m/$28m) for Jules Kounde. Manchester City have yet to receive €13.3 million (£11m/$15m) for Ferran Torres, and Real Betis are owed €8 million for Emerson Royal.
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‎Other European clubs such as Girona, Valencia, Sporting CP, and Rennes also have smaller pending balances, reflecting how deeply Barcelona’s deferred payment structure has impacted multiple teams across Europe.
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‎Barcelona Also Await €64 Million from Other Clubs
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‎The report highlights that several clubs still owe Barcelona €64.1 million (£55m/$74m) for outgoing transfers. Among them, Porto have €6.7 million outstanding for Nico Gonzalez, Al-Ahli owe €4.1 million for Franck Kessie, and Shakhtar Donetsk still need to pay €3.1 million for Marlon. Additional sums are pending from Braga, Chelsea, and Real Betis.
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‎Even if all incoming payments are received, Barcelona’s net debt would remain close to €100 million (£87m/$116m), revealing how deferred transfer systems continue to strain the club’s finances.
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‎Revenue Growth Fails to Offset Heavy Expenditure
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‎Barcelona recorded €994 million (£864m/$1.1b) in total revenue for the last financial year, marking a near €1 billion milestone. However, expenditures reached €965 million (£839m/$1.12b), leaving the club with only a €2 million profit.
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‎Club management has scheduled a general assembly for October 19 to present future budgets and discuss potential adjustments to spending plans. The figures confirm that despite increasing commercial and matchday revenue, Barcelona’s journey toward long-term financial recovery remains ongoing.

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