According to Sport, Barcelona has settled five transfer debts, including Olmo, but payments related to Gordon have been deferred until 2027.

Financial records as of 30 June 2026 showed that Barcelona still owed other sports entities €167.4 million, of which €115.8 million was short-term debt and €51.6 million was long-term debt.

Since then, Barcelona has settled five major deals: Olmo, Raphinha, Kounde, Lewandowski, and Vitor Roque.

As of 30 June, financial records showed approximately €34.4 million still owed for Olmo, €19 million for Raphinha, €12.3 million for Kounde, €11.1 million for Lewandowski, and €7.3 million for Vitor Roque. In total, over €84 million in payments have now been completed.

This means most of Barcelona's debt from previous transfer windows has been cleared from the records.

The Gordon deal still accounts for the majority of outstanding obligations as of 30 June. Financial records showed that Barcelona still owed Newcastle United approximately €68.9 million, of which approximately €21.9 million was short-term debt and €46.9 million was long-term debt.

However, Barcelona subsequently reached an agreement with Newcastle United to defer nearly €22 million, which was originally due in June 2026, until 2027. The club did not pay less or reduce the total debt to Newcastle United; they simply deferred the payment date. The debt remains, but Barcelona avoided an immediate cash outflow.

Therefore, nearly all of the approximately €68.9 million outstanding from the Gordon deal will be carried over to the next financial year.

If €84.1 million corresponding to Olmo, Raphinha, Kounde, Lewandowski, and Vitor Roque is subtracted from the €167.4 million debt recorded on 30 June, the remaining debt is approximately €83.3 million. However, this figure should not be understood as Barcelona's total current debt to other clubs, as the accounting cutoff date is 30 June 2026.

All transfers completed after 1 July are not included in these financial records. Obligations arising from Barcelona's subsequent transfers must be recorded in the new financial year's accounts. This includes deals completed in July, August, and September, and their payment obligations are not included in either the initial €167.4 million or the €83.3 million remaining after settling the first five deals.

Furthermore, total transfer fees do not mean Barcelona owes the entire amount to selling clubs. Part of the transfer fee may already have been paid, part may be spread across multiple financial years, and there may also be add-ons dependent on specific conditions.

Therefore, to understand the actual additional debt from transfers after 1 July, one must also know how much has been paid for each transaction and how much remains outstanding.

Barcelona has fully completed five transactions that still correspond to debt of over €84 million. The transfer fees for Olmo, Raphinha, Kounde, Lewandowski, and Vitor Roque have all been paid in full.

However, Gordon still corresponds to obligations of nearly €69 million, although most has been deferred to the next financial year; all payment obligations arising from transfers after 1 July must also be included.

Therefore, the approximately €83 million debt in the financial records as of 30 June does not represent Barcelona's total current debt to other clubs, but rather only the remaining balance in those records after settling the five transactions. The true scale of Barcelona's debt to other clubs will only become clear once commitments from the latest transfer window are fully accounted for.

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