Ferran Torres

Spanish international Ferran Torres has signed for cash-strapped Barcelona from English side Manchester City. Photo: Twitter @FCBarcelona

Manchester City’s Ferran Torres signs for Barcelona for STUPID amount of money!

Spanish international Ferran Torres has signed for cash-strapped Barcelona from English side Manchester City.

Ferran Torres

Spanish international Ferran Torres has signed for cash-strapped Barcelona from English side Manchester City. Photo: Twitter @FCBarcelona

Spanish international Ferran Torres signed for cash-strapped Barcelona on Tuesday from Manchester City, the Catalan side announced.

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Despite their financial struggles, Barcelona have reportedly agreed a deal worth an initial €55 million (R980 million) for the 22-year-old.

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“FC Barcelona has reached an agreement with Manchester City for the transfer of Ferran Torres,” Barcelona said in a statement on their website.

“The player has signed a contract for the next five seasons, until 30 June 2027.

“His buyout clause has been set at €1 billion.”

Torres scored 16 goals in 43 appearances for City since joining from Valencia last year but this season has been disrupted by a fractured foot that has kept him out since October.

He won the Premier League, League Cup and reached the final of the Champions League during his only full season in Manchester.

Manchester City manager Pep Guardiola said last week that Torres had asked to leave and he would not stand in his way.

Torres will fill the vacuum left at Barcelona by another former City striker Sergio Aguero.

Barcelona have been eliminated from the Champions League

Manchester City’s record goalscorer was forced to retire earlier this month due to a heart condition, just months into his spell with the Catalan giants.

Already eliminated from the Champions League at the group stage for the first time in 20 years, Barca face a fight just to qualify for next season’s competition as they sit seventh in La Liga ahead of the winter break.

However, they could even still have trouble registering Torres within the salary cap imposed by La Liga.

Lionel Messi’s departure to Paris Saint-Germain was caused by the club being unable to retain the Argentine due to spiralling debts.

Barca recorded losses of €481 million last season, with a gross debt of €1.35 billion.