He penned a two-year deal at the Camp Nou and has since impressed in large spells, scoring 27 goals in all competitions for club and country last season.
But with 12 months left on his current contract, it looks like he may depart the Spanish club this summer.
Ajax and Juventus have been linked with a move but on Sunday afternoon, it emerged that Antonio Conte's Spurs are keen on bringing Depay to North London – and it looks like they are in a strong position.
Spanish publication Sport claim Barcelona have already given the Premier League side permission to negotiate with the player. In fact, Tottenham are currently in talks with Depay's representatives over a move.
But with early discussions underway, there appears to a few obstacles in their path.
Spurs don't want to meet Barcelona's €20 million valuation but, with the player being in the last year of his contract, they are willing to splash €17 million on his signature.
It is believed Depay's name was mentioned between both parties when they were in discussions to sign defender Clement Lenglet this summer.
The forward is reportedly 'comfortable' at the Camp Nou and at one stage, their priority was to continue or even renew his contract.
But with the recent additions of Robert Lewandowski and Raphinha, former Manchester United winger Depay could be limited to first-team minutes under Xavi.
It must also be mentionted that the club are in a spot of bother when it comes to their finances, so they may want to recoup some funds with the sale of their Dutch forward.
Depay, who spent 18 disappointing months at Old Trafford between 2015 and 2017, understands the current situation at Barca, even though it 'hurts him'.
He is also said to be reluctant to make a Premier League return, with several clubs in Italy said to be interested in his services.
Thoughts on his future? Do you think Depay would be a good addition at Spurs?
Let us know in the comments.
Featured Image Credit: Instagram/memphisdepay - Alamy
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