Barcelona have admitted that they do not have the money to secure Cesc Fabregas, according to the Daily Mail.
Barcelona vice-president of the financial department Javier Faus has told reporters that the Spanish giants have “£40 million for new signings, plus money that may be obtained from sales.”
Fabregas looked set for an exit from Arsenal on route to old youth side Barcelona this summer, after the La Liga champions publicly courted Fabregas last June.
David Villa said recently that he hoped Fabregas would make the move from Arsenal to play alongside his Spanish teammates in his native country.
“As a player, everybody knows what Barcelona brings. And, as a person, Cesc deserves a return,” Villa said.
“His family is here, and it is where he started. Having Cesc at the Camp Nou would be a great joy, and I would be happy for him because he deserves it.
“I would be happy to have him as my team-mate, and he would have no trouble fitting into our team.”
Arsene Wenger has reportedly told Fabregas that he can leave Arsenal, so long as he doesn’t go to another club in England. This had made Barcelona overwhelming favourites for the skipper’s signature, but with their limited funds they may not be able to meet Wenger’s price demand, which is said to be well in excess of £40 million.