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Sat Apr 19 01:17:20 SAST 2014

Barca chasing Valencia fullback Alba

Reuters | 26 June, 2012 17:140 Comments
Croatia v Spain - Group C: UEFA EURO 2012
Jordi Alba of Spain reacts during the Euro 2012 match between Croatia and Spain at The Municipal Stadium on June 18, 2012 in Gdansk, Poland
Image by: Jasper Juinen / Getty Images

Barcelona have set aside an average of 40 million euros ($49,92 million) per year to spend on players and are in talks with Valencia to buy Spain fullback Jordi Alba, president Sandro Rosell said on Tuesday.

“I am not happy these negotiations (for Alba) have leaked out but they have,” Rosell told a news conference as part of his annual review of the season.

Alba, who has turned in excellent performances at left back for semi-finalists Spain at Euro 2012, started out in Barca’s youth ranks and could return in place of France international Eric Abidal who is recovering from a liver transplant.

Spanish media have reported Valencia want 15 million euros for the player, who turned 23 in March. 

Rosell added preliminary financial results for the 2011-12 season suggested Barca would make a profit of 40 million euros, almost twice as much as the projected 21 million.

The cash will be used to pay debts which stand at a net 340 million euros.

Plans to refurbish the club’s giant Camp Nou arena have been put on hold as debt reduction takes priority, Rosell said.

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Barca chasing Valencia fullback Alba

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