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Borussia Dortmund told Barcelona to try again after the Catalan club lobbed a €20 million bid for forward Karim Adeyemi. Dortmund reportedly values the 24-year-old at roughly double that figure, somewhere around €40 million.
The rejection, reported on July 9 by multiple outlets including Sky Germany, sets up what could be a drawn-out summer negotiation.
The deal that isn’t a deal yet
Adeyemi has reportedly agreed to personal terms with Barcelona, making the Spanish club his preferred destination this summer. His contract with Dortmund expires in June 2027, which gives the German side some leverage but not unlimited leverage. If Dortmund can’t sell him now, they risk watching him walk for free next year.
Dortmund has signaled it would entertain a player-plus-cash swap deal involving around €30 million.
Adeyemi originally moved to Dortmund from Red Bull Salzburg back in 2022 for a fee reportedly between $30 million and $38 million.
Where crypto enters the pitch
Barcelona has a sponsorship deal with WhiteBIT, the cryptocurrency exchange, that extends through 2030.
Barcelona was also one of the earliest major football clubs to launch a fan token, BAR, through the Socios platform. These tokens give holders voting rights on minor club decisions and access to exclusive experiences. Fan tokens tend to react to club news, with big signings, title wins, and marquee transfers having historically moved fan token prices.
What this means for investors
If Barcelona finds a way to bridge the gap between its €20 million offer and Dortmund’s €40 million valuation, possibly through a player-plus-cash structure, it would represent another example of Barcelona using creative financial engineering to compete despite balance sheet constraints.
With Adeyemi’s contract expiring in June 2027, Dortmund’s negotiating position weakens with every passing month.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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