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Barcelona seek €210 million loan to finalise signings of Julian Alvarez, Joao Cancelo and Karim Adeyemi
Deepa Krishnaswamy | July 10, 2026 9:41 PM CST

Barcelona have reportedly approached financial institutions for a €210 million loan as they aim to reinforce their squad under new head coach Hansi Flick ahead of the upcoming season. The funding is expected to facilitate potential transfers for Julian Alvarez, Joao Cancelo, and Karim Adeyemi, while also helping the club manage its routine financial obligations.

Barcelona plan significant summer investment

The Catalan club is preparing for a major summer transfer push as they look to strengthen Flick’s team. Club officials believe that further reinforcements are essential to compete for top honours and to narrow the gap with Europe’s elite clubs, particularly in the UEFA Champions League.

To support these ambitions, Barcelona have requested a €210 million line of credit, according to reports from Marca. The loan is secured against projected earnings for the coming season and comes as the club continues to face liquidity challenges. Meeting La Liga’s 1:1 spending rule remains a crucial objective, ensuring that new signings can be officially registered. This funding is expected to allow the Blaugrana to act swiftly in a competitive market, rather than waiting for player sales before pursuing key targets.

Barcelona’s main transfer targets

The club’s top target is Atletico Madrid striker Julian Alvarez, viewed as a potential transformative signing who could lead the attack and eventually take over from Robert Lewandowski, who recently joined Chicago Fire. However, Barcelona are yet to make a formal offer and are expected to intensify negotiations once the World Cup concludes.

The Catalan side are also in pursuit of Joao Cancelo and Karim Adeyemi. Reports indicate that Adeyemi’s transfer is nearing completion, while Cancelo’s permanent move remains complicated due to unresolved tax matters that must be settled before finalising the agreement.

Loan to support transfers and operations

While the majority of the €210 million loan is earmarked for transfer activity, part of the funds will be used to cover payroll and other operational expenses. This approach aims to stabilise the club’s finances while backing its recruitment strategy. Additionally, Barcelona have already signalled their intent in the market by completing the acquisition of Anthony Gordon for €70 million, with an additional €10 million in performance-related add-ons.

Focus shifts to completing remaining signings

With Gordon’s arrival confirmed, Barcelona’s attention now turns to securing deals for Alvarez, Adeyemi, and Cancelo. The period following the World Cup is expected to be decisive as the club seeks to finalise the loan arrangement and complete its remaining transfer business. If successful, Flick will have a deeper and more experienced squad heading into the new campaign, with the Catalan giants determined to mount a strong challenge for major titles.


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