Is FC Barcelona financially ready to sign a high-profile left-winger?

Ever since Nico Williams' deal has turned cold, the Blaugrana club has been on the lookout for wingers with a similar profile to reinforce their left wing. Even though the club has been linked with many probable options, one of the most prominent names associated with FC Barcelona is Luis Diaz.

Is FC Barcelona financially ready to sign a high-profile left-winger?

Being a pacy winger with the capability to get past the opposition backline with explosive speed, the Reds' winger, Luis Diaz, is currently the club's favorite alternative to Nico Williams. However, the situation still feels the same, like Nico's fee. English media sources say that Liverpool will consider selling Diaz only for a fee of around €60M. Considering Barca's current financial fiasco, the question arises: is FC Barcelona ready to sign a high-profile left-winger?

Reports suggested that the Catalan club has finally assumed that they have lost out on Nico Williams, and thus, they have decided to closely monitor Luis Diaz. According to Mundo Deportivo, Luis Daz currently stands as the most popular option to reinforce the left-wing position within Barça.

Moreover, FC Barcelona is even aware that Diaz wants to join their club, but they are clear that Liverpool won't negotiate with them easily. Considering significant interest from several European Giants for Diaz, Barca knows that Liverpool will demand more than €55M-€60M, the Catalan club's budget, to reinforce the left-wing position.

Analyzing Barcelona's ongoing struggle to reach the 1:1 rule and having made a hefty purchase of Dani Olmo, it is certain that they won't exceed their budget of €60M. Reports from Mundo Deportivo illustrate that Barcelona admits that they won't be able to afford Luis Diaz if they were to face clubs like Manchester City in the bidding war.

Not to forget, some days ago, rumors spread that Luis Diaz had agreed to sign for Manchester City on a 5-year deal for a fee of €70M. Even though later Manchester City sources denied any agreement with Luis Diaz, it shouldn't be a surprise if the Colombian winger moves for a mammoth fee of around €70M-€80M.

Thus, the best solution for FC Barcelona for a left winger would be to go for a low-cost option or bring in a high-profile winger on a loan deal. Federico Chiesa, who was linked with the club, could come around €20M, solving the issue of their left-wing as well as helping their financial situation.

Moreover, reports have emerged that Barca has been looking for many surprise options that nobody knows about but can help in the left-wing role. Even though further reports are yet to arrive, the best scenario for Barcelona would be to sign a cost-effective option, reducing the toll on their already stressed-out financial conditions.