27.8 C
Delhi

Griezmann’s 2019 transfer to Barcelona financially ruined the club

Barcelona are currently in a financial crisis, and according to SPORT, the signing of Antoine Griezmann in 2019 was the move that ruined their financial situation. They had previously funded transfers for Philippe Coutinho and Ousmane Dembele from Liverpool and Borussia Dortmund respectively. Both the deals were worth over €100 million, and so was the transfer for Griezmann. 

The Atletico Madrid striker had a release clause worth €120 million in his contract that had to be met in one go. The transfer was expected to be a success for the manager of the club at the time, Ernesto Valverde. 

However, Griezmann struggled to deliver in his first couple of seasons at Camp Nou. Moreover, the fact that Griezmann had rejected a transfer to Barcelona a year ago in controversial fashion made it difficult for fans to accept the arrival of the France international. 

To fund the transfer of Griezmann, Barcelona had to take two separate loans. The first was an €85 million loan from an investment fund while the other was a €35 million loan from a bank for six months. The latter has since been repaid. But, Griezmann’s €20 million salary has also been very difficult for the club to keep on the books. 

- Advertisement -TechnoSports-Ad

However, Barcelona are still reeling from the big transfers and have loaned Griezmann back to Atletico Madrid. The Rojiblancos have the option to sign him permanently after two years for €50 million, which is only a third of what the Catalonian club paid for him in 2019. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Arsh Das
Arsh Das
A music enthusiast, also passionate about football and bringing you the latest in the sporting world every day.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Thiago Silva reaches agreement with Fluminense to join them in 24/25

Thiago Silva has reached a verbal agreement with Brazilian club Fluminense to join them at the end of his contract with Chelsea. The centre-back...

Iker Muniain to leave Athletic Club after 15 years in 2024

Athletic Club captain Iker Muniain will be leaving the club at the end of the season, as now confirmed by the club. The 31-year-old...

Ralf Rangnick contacted by Bayern Munich over managerial role from 24/25

Bayern Munich are in talks with Austria national team manager Ralf Rangnick to become their new head coach from next season. Thomas Tuchel will...

East Bengal to re-sign Debjit Majumder for new season

East Bengal are set to add Debjit Majumder to their squad for the coming season, with the Chennaiyin FC goalkeeper set to sign a...