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Barcelona's debt tops €2 billion after €500 million Camp Nou loan approval

FC Barcelona secured a €500 million loan, pushing its total debt beyond €2 billion as it funds the Camp Nou renovation.

FC Barcelona's socios approved a €500 million loan, with €300 million earmarked for finishing the Camp Nou rebuild that will raise capacity to 105,000 seats, while the remaining funds will cover day-to-day expenses. The new financing lifts the club's total liabilities to over €2 billion, surpassing the €1.8 billion estimate for the Espai Barca redevelopment. President Joan Laporta must now manage the repercussions of a recent rating downgrade by Morningstar DBRS, which moved the club from a “positive” to a “stable” outlook.

Construction delays could force the team to play temporarily at the Lluis Companys Olympic Stadium. Nevertheless, revenue projections remain robust, with expectations of €1 billion this year and €1.2 billion by 2028, and Barcelona placed second in Deloitte's latest Football Money League behind Real Madrid. Star players such as Lamine Yamal, Pedri and Pau Cubarsi continue to headline the squad.

Why it matters

The loan highlights Barcelona's mounting financial pressures, affecting fans, investors and the broader football economy.

In this story

Barcelona debtCamp Nou loanEspai BarcaJoan Laportacredit rating downgradefootball financesstadium reconstruction€500 million loan
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