Saudi Prince Puts Shocking Offer for Barcelona

Barcelona are going through its fair share of financial struggles since its last President, Josep Maria Bartomeu, stepped down. Joan Laporta is still trying his best to recover Barcelona financially, but there is still quite a long way to go till the club finally reaches the figures that will be deemed as a financial positive.

In the meantime, there have been reports from different outlets that FC Barcelona has an offer from the Saudi Prince for a possible takeover. This Barcelona takeover could be a huge step towards resolving their financial issues, but it remains to be seen if the Barcelona takeover rumours will ultimately see the daylight.

Will Barcelona's Debts Be Cleared If the Takeover Rumours Are True?

Saudi Crown Prince, Mohammed bin Salman, has offered €10 billion in a shocking move to take over the club. This Barcelona takeover will eliminate the club's massive debt, which it has been carrying for years since the departure of Lionel Messi, and will reshape the club's financial structure to its optimal level in the near future. These Barcelona takeover rumours have emerged from some of Spain's leading news outlets, who claim that the Public Investment Fund (PIF) of Saudi Arabia is looking to expand their sporting portfolio globally by acquiring such major assets in the footballing world. According to further reports, the takeover would not only cover Barcelona's €2.5 billion debt but also provide large financial impetus to the club in return for giving its full control to the Crown Prince of Saudi Arabia.

However, there are a lot of factors that stand as a barrier to this rumoured Barcelona takeover. The club cannot be legally bought as Barcelona ownership involves socios to a greater extent. The members of the club hold the right to control elections and governance at the top level, which includes the power to not allow any foreign or domestic individual or entity to purchase it. The PIF can invest in a separate financial leg of the club, but cannot fully acquire it on legal grounds.

On top of that, La Liga's recent financial rules restrict Barcelona from fully clearing their financial ordeal, and that is why a perfect balance has to be maintained for the time being. Their iconic Camp Nou stadium is being rebuilt, along with player acquisitions every year, which makes things much more complicated.

It remains to be seen if this takeover is possible in the near future, as the bid will surely be one of the most historic financial prospects in the world of football. The takeover would surely make Barcelona get rid of its financial issues, but a lot needs to be figured out first, without disrupting the core philosophy of the club.