The left-back isn't deemed untouchable by Barca, which need to sell to ease financial constraints set by the LaLiga.
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Radio Marca says sports chief Deco is prepared to cash in on Balde.
The 22 year-old has made 34 appearances across all competitions this season.
Despite his first-choice status for coach Hansi Flick, Deco and management see Balde as expendable.