Barcelona’s financial report shows the club still has €159.1 million in unpaid transfer debts, while €64.1 million is pending collection. Per its latest report as of June 30, 2025, the transfer-related debts to other clubs total €159.1 million, including €140.6 million in short-term debts and €18.5 million in long-term debts.
Among the owed clubs, Leeds United tops the list with €41.9 million unpaid for Raphinha’s transfer, followed by Bayern Munich (€20 million for Robert Lewandowski) and Sevilla (€24.5 million for Jules Koundé).
Other major debts include €13.3 million to Manchester City (for Ferran Torres), €8 million to Real Betis (for Emerson Royal), and over €6 million to Polish entities and Bayern related to variables in Lewandowski’s deal. Smaller unpaid amounts involve Girona, Valencia, Sporting CP, and Rennes from recent transfers. Despite cost-cutting efforts, transfer debts rose slightly year-on-year.
The report details €64.1 million owed to Barcelona (up from €35.9 million last year), with €40.3 million from sports entities and €12 million from the professional football league. Key debtors include Porto (€6.7 million for Nico González), Al Ahli (€4.1 million for Franck Kessié), and Shakhtar Donetsk (€3.1 million for Marlon). Braga (€3 million), Chelsea (for women’s players Caroline Graham Hansen and Keira Walsh), and Spanish clubs like Real Betis also owe money. Payments are pending for transfers of Antoine Griezmann, Alex Collado, Julián Araujo, and Sergi Gómez.
Barcelona will hold a general assembly on October 19 to approve last year’s financial results and this season’s budget. It posted a €2 million profit last year (€5 million below forecast), hailing the result despite playing at Montjuïc Stadium.
Revenue reached €994 million (€100 million over the €893 million budget), but expenditure hit €965 million (exceeding the €873 million forecast). Commercial revenue hit €473 million (€27 million over budget), with BLM (licensing and merchandise) revenue at €170 million (expected to top €200 million soon); the club will not sell BLM shares.
All revenue items exceeded forecasts, supporting claims of stable management post-crisis. The new budget covers initial Espai Barça project interest, with a return to Camp Nou (Oct-Dec) expected to cut €153 million in negative assets. Barcelona is optimistic about restoring the 1:1 financial regulation by year-end.
