London, Jul 28 (ANI): The financial problems for new Barcelona president Sandro Rosell may mean that they will have to finally give up on getting Arsenal midfielder Cesc Fabregas
A new audit into the Spanish giants' finances showed they made a loss of more than 64.36 million pounds last season.
The club's bid to lure Fabregas hit another stumbling block on Tuesday when it was revealed they have total debts of 369 million pounds.
The previous Barcelona board, led by Joan Laporta, claimed the club was only 9.2 million pounds in debt by the end of June.
But the new audit has now revealed a far worse scenario, The Sun reports.
Barcelona spokesman Toni Freixa has admitted Arsenal is still refusing to negotiate over the sale of Fabregas.
Since having a 29 million pounds bid turned down earlier this summer, Barcelona has made several attempts to speak to Arsenal, but Freixa says they will not budge.
"Arsenal don't want to sit down and negotiate with us. It's not a problem with the wishes of Cesc or Barca - they simply don't want to talk," he said. (ANI)
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