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Barca predict record revenues


08 Oct 2022 00:00:00 | Update: 08 Oct 2022 00:55:35
Barca predict record revenues

Barcelona on Thursday forecast profits of 274 million euros (270.7 million dollars) this season and record revenues of 1.255 billion euros. 

“It’s a conservative budget,” Barca’s financial vice-president Eduard Romeu said, as the club released figures for the 2021/22 financial year and forecasts for the current campaign. 

Barcelona said the revenue figure included more than 450 million euros from the sale of long-term television and other rights. The Catalans said in the year just ended they made a profit of 98 million euros after taxes, with operating income of 1.017 billion euros and expenses of 856 million euros. 

That followed two loss-making seasons during the Covid-19 pandemic.

Barca said they were “back on the road to profit and looking to initiate a new virtuous circle”.

The budget for next year predicts expenses of 1.065 billion euros, of which 656 million euros would go on the sporting wage bill. – AFP

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