Bartomeu: Barcelona could spend 120 million euros on transfers

The Blaugrana supremo has made it clear that the club has the financial resources to spend big this summer if necessary.
Barcelona president Josep Bartomeu has suggested that the Catalans could spend up to 120 million euos on transfers ahead of next season.

The Catalans are in the market for a new goalkeeper and a center back due to the departures of Victor Valdes and Carles Puyol at the end of the current campaign and the club chief has insisted that the financial situation will not hold Barcelona back this summer.

"Each year we have an EBITDA [Earnings before interest, taxes, depreciation and amortization] of about €120 million," Bartomeu told El Periodico. "We generally use half of that to fund transfers and the other half to reduce our debts.

"But there could be a year where we spend the entire €120 million on transfers."

Barcelona is expected to announce Borussia Monchengladbach's Marc-Andre ter Stegen as the club's new goalkeeper shortly, while the team has been linked with players such as David Luiz, Jan Vertonghen and Eliaquim Mangala to strengthen the defense.

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