The Spanish club are considering a defensive recruitment drive during the winter transfer window, but recognise that departures could be necessary to create the financial room required for new arrivals.
Balde has emerged as a potential candidate to move on, having struggled to establish himself in Hansi Flick's plans despite previously being regarded as an important part of Barcelona's long-term project.
The 22-year-old was already given permission to consider leaving during the summer, when several opportunities were presented to him. However, the defender decided to remain at the Spotify Camp Nou in the hope of improving his situation.
That decision has not produced the breakthrough he wanted. Balde has continued to find opportunities limited, and there is growing recognition that another prolonged spell without regular football could damage his development.
Barcelona have communicated their position to his representative, Jorge Mendes, with a permanent transfer the preferred solution in January.
The club are understood to value Balde at around €40 million and would be prepared to consider offers at that level, reflecting both his age and the demand for left-backs in the transfer market.
Mendes has been exploring potential destinations, with discussions involving clubs in Italy, England and Germany. However, there have been no formal offers so far, with interest remaining at the preliminary stage.
Juventus and Roma have been among the Italian clubs to make enquiries, although their preference for a loan arrangement presents an obstacle.
Barcelona could consider a temporary departure if it included an obligatory purchase clause at the required valuation. However, the financial implications of Balde's salary are another potential complication for Serie A sides.
The Premier League appears a more realistic destination, with Manchester United and Chelsea both monitoring the situation.
United have experienced difficulties at left-back because of the fitness problems affecting Luke Shaw and Patrick Dorgu, while Chelsea could also consider strengthening the position.
Liverpool and Manchester City have also been linked with an interest, although neither is currently understood to have made signing a left-back an immediate priority.
For Barcelona, Balde's departure could provide the financial flexibility to pursue an experienced central defender or versatile defensive reinforcement. It could also help the club maintain Jules Koundé's position in the squad rather than needing to consider another defensive departure.
Much will depend on Balde himself. Having chosen to stay in the summer, the defender must now decide whether another opportunity elsewhere offers a better route to regular football.