Barcelona will have to move out of the Nou Camp for a year to allow for extensive redevelopment scheduled to begin in the summer of 2022.
President Joan Laporta has confirmed the Catalan club are likely to play their home games next season at the 6,000-capacity Johan Cruyff Stadium
Laporta said the modernisation of the famous ground could take three to four years, but is confident the team will only need to play elsewhere for 12 months.
"We are considering different possibilities, but the strongest candidate is the Johan Cruyff Stadium," Laporta told Catalan radio Rac1.
"[A redeveloped Nou Camp] is fundamental for the viability of the club and its immediate future. The impact it will have for Barca is critical so that we can compete with our competitors who have already done what is needed."
The Nou Camp currently has a capacity of 99,000, with Barca aiming to to increase that to 110,000. They also want to overhaul the stadium's surrounding area with a pavilion, museum and shops.
Barcelona are in talks with Goldman Sachs for the investment bank to loan them €1.5bn to complete the work.
On Wednesday Barca chief executive Ferran Reverter said the club was "technically bankrupt" when Laporta took over as president in March, and would have been "dissolved" if it was a public limited company.
The Spanish giant's financial woes were laid bare in August when they were forced to allow Lionel Messi to join Paris Saint-Germain after admitting they could no longer afford to keep the six-time world player of the year.
The new board inherited debts of €1.35 billion and a bloated first-team payroll as Laporta returned for a second spell as president following the resignation of Josep Maria Bartomeu.
Barcelona have confirmed losses of €481m for last season.