Barcelona’s latest financial reports show the club have accrued a staggering transfer debt of £138million.

The Catalan giants’ financial issues have been laid bare over the last five years leading to high profile player outgoings and a focus on promoting future stars from the club’s famous La Masia Academy. Winds me up' - Paul Gascoigne gives Marcus Rashford advice and names two England stars he loves

The La Liga club released their financial results to The Members’ Assembly on Monday and it made for damning reading.

What did the financial results show?

Barcelona ’s shareholders approved the new report and new budget, however the huge debt accumulated by transfer fees casts huge doubts over the club’s long-term future.

The five-time Europeans Cup winners have been instructed to pa

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