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Barcelona Targets Karim Adeyemi with First Bid

Karim Adeyemi is back on Barcelona’s radar – and this time the timing finally suits the Catalans.

The Borussia Dortmund forward has been the subject of repeated approaches from Jorge Mendes in recent windows, but each attempt ran into the same wall: Barça’s salary cap. Now, operating under La Liga’s 1:1 financial rule and with room to manoeuvre, the Spanish champions have put their first formal offer on the table.

A long courtship gathers pace

Mendes has pushed Adeyemi to Barcelona more than once, convinced the German winger fits both the club’s profile and the current market. Those proposals went nowhere when Barça were suffocated by financial restrictions, forced to prioritise registrations over reinforcements.

This summer feels different. The club have earmarked Adeyemi as an experienced wide option to sit alongside – not in front of – the younger Roony Bardghji in their attacking rotation. They see a player who has already lived the pressure of Dortmund and the Champions League, but who is still young enough to grow into a long-term piece.

Once it became clear that Dortmund were struggling to generate a serious bidding war, Barcelona moved from interest to action.

The first offer – and a clear gap

According to Sky Germany, relayed by SPORT, Barça’s opening proposal has already landed in Dortmund’s inbox: €20 million up front, plus a sizeable sell-on percentage in any future transfer.

It is a structured, opportunistic bid, tailored to a club that knows it does not hold all the cards.

No agreement is close. Dortmund’s valuation remains almost double that figure, around €40 million. From the German side, that number reflects the player they signed with high expectations and the flashes of explosive talent he still shows. From Barcelona’s side, it looks steep for a winger whose stock has dipped.

The distance between the clubs is obvious. The pressure points are, too.

Dortmund’s leverage erodes

Dortmund’s negotiating position has weakened as the window has dragged on. Internally, they have already eased their demands, but not enough to close a deal. Adeyemi has just one year left on his contract. He was not a guaranteed starter last season. His form over the last two campaigns has swung from electric to erratic.

Those realities matter when only one serious buyer is at the table.

Compounding the issue for Dortmund is the player’s stance. Adeyemi has reached an agreement on personal terms with Barcelona, tightening the squeeze on his current club. Once that kind of understanding is in place, the market tends to narrow quickly.

Dortmund know they risk losing him for far less – or for nothing – if they stand too firm.

Player swaps on the table

Barcelona, for their part, are exploring ways to close the gap without blowing up their financial plan. One route is obvious: player exchanges.

Roony Bardghji, the highly rated winger whose future has been a subplot of Barça’s summer, has been linked with Dortmund in recent weeks. He wants regular minutes at a club fighting for major trophies. The Bundesliga side ticks those boxes and has a track record of polishing young attacking talent.

A move involving Bardghji could reshape the numbers of any Adeyemi deal, easing the cash burden while giving Dortmund a ready-made replacement with upside.

Another name in the conversation is Guille Fernández, the attacking midfielder from Barça Atletic, also represented by Mendes. Dortmund sounded out his availability in January but talks went nowhere then. Their admiration, though, has not disappeared.

Including either Bardghji or Fernández – or even just the threat of it – offers Barcelona extra flexibility at the table.

A deal that suits the market

This is the kind of transfer that defines a summer: a big club sensing a “market opportunity,” a selling club trying to salvage value, an agent knitting together the threads.

Barcelona see Adeyemi as exactly that sort of opportunity: a high-ceiling winger at a reduced price because of contract length, form, and a lack of rival bids. Dortmund see a player they still rate, but one they may soon be forced to cash in on.

The talks will continue in the coming days. The numbers will move. The question is simple: who blinks first – the club that wants to buy smart, or the club that cannot afford to lose for free?