A new report says that Barcelona still owes €200 million in transfer fees to two teams Leeds and Manchester City.

Financial problems have been a problem for Les Cules in recent years. This is the main reason why Lionel Messi left the club when they didn’t renew his contract.

A number of players have decided to take pay cuts, and the club has used “financial levers,” such as selling some of its TV rights, to get some money back.

In part, this second strategy has allowed them to keep spending on players, though not as much as you might expect from a top European team.

Barça could only make free moves and loans during the recent summer transfer window. The only deal they were able to make was a reported €8 million deal to sign Oriol Romeu from Girona, who graduated from La Masia.

But Xavi’s team did a good job of using the loan market to get Joao Cancelo and Joao Felix. They also quickly signed Ilkay Gundogan, a midfielder who won the Champions League with Manchester City, when his contract with City ended.

ARA says that the lack of action could have been because they were having trouble in the transfer market.

According to a document that was “leaked,” Barcelona owes other teams about €90 million in transfer fees over the next 12 months. They also owe another €118 million over the longer term.

The “leaked” document also shows that most of the debt comes from deals made while Joan Laporta was president. However, Barcelona still owes money for the signing of Frenkie de Jong in 2019. They are said to owe Ajax about €16 million.

They are said to owe less money to Neto, Emerson Royal, Miralem Pjanic, and other players. They were signed during Josep Maria Bartomeu’s presidency, along with De Jong.

The paper also says that the Spanish giants owe Leeds €38 million for the short-term purchase of winger Raphinha and Sevilla €24 million for Jules Kounde.

They also owe Manchester City a total of €26 million for the signing of Ferran Torres and around €500,000 in fees to seven different teams for Robert Lewandowski, mostly for training costs.

Spanish news outlet SPORT says that the club will admit to these debts at their next public meeting. If the payments are not made, the club could be banned from making transfers.

But there is some good news for Barcelona: a different “leaked” document shows that other clubs and organizations owe them short-term fees of €41 million and long-term fees of €40 million for transfers that they made.

Barcelona is currently in third place in La Liga. They have 21 points from their nine games so far this season. Also, Xavi’s team has won both of their Champions League group-stage games.