EUROPEAN FOOTBALL

Balde agrees a deal with Barca having a release clause of €1 billion

Barcelona

Barcelona and Alejandro Balde are said to have reached an agreement on a new long-term contract that will last until June 30, 2027. According to the Spanish publication SPORT, Alejandro Balde will shortly sign a new long-term contract with Barcelona. The two parties have reached an agreement that will last through June 30, 2027. In addition, the agreement has a €1 billion release clause. However, Barcelona will not be able to register the deal until La Liga accepts the feasibility plan they filed.

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Alejandro Balde will sign a new contract with Barca

Alejandro Balde is one of numerous young players who have provided some optimism in the Catalan club amid terrible financial situation. Gavi and Pedri have energised the midfield unit, while Balde has emerged as an in-house candidate to replace Jordi Alba. In the current season, he has established himself as a regular for the Blaugrana. The 19-year-old has also made his debut for Spain and went to compete in the 2022 FIFA World Cup with La Roja. Meanwhile, he has appeared 41 times this season, contributing one goal and seven assists. Meanwhile, the market worth of the youngster has increased to €30 million in recent months.

However, Balde’s contract expires in just over a year, placing Barcelona in a difficult situation. And the Catalan giants have been keen for a new contract to be signed for several weeks. The agreement was first announced in January. However, because Barcelona has failed to comply with Financial Fair Play, they have been unable to register the renewal. Meanwhile, the scenario has caught the interest of numerous high-profile European teams. Recently, Chelsea and Manchester United have shown interest for the 19-year-old Spanish international. However, Barcelona will formally renew Balde’s contract as soon as they meet Financial Fair Play standards.

Laliga might approve feasibility plan of Barca

The agreement will be in effect until June 30, 2027, with a €1 billion release clause. Meanwhile, La Liga has received a feasibility plan from the Catalan powerhouse. This will assist Barcelona in registering the new contracts they have agreed to with a number of players. They can also proceed with their transfer plans. Barcelona can register the new contracts of Gavi, Araujo, Sergi Roberto, Marcos Alonso, and Inaki Pena as soon as La Liga accepts the viability plan. Furthermore, Balde’s contract will be renewed, which will ease Barcelona’s anxieties.

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