Home Fight Barcelona’s Million Dollar Loss, Revealed

Barcelona’s Million Dollar Loss, Revealed

33
0

Board of Directors of FC Barcelona The Catalan company said this Monday, in an extraordinary meeting, that the 2023-24 fiscal year ends with net losses of 91 million euros.

Barca reported a normalized profit of 12 million for the last financial year, despite a loss of more than 100 million due to the move of its first football team to the Louis Company Olympic Stadium.

However, the club had to calculate extraordinary costs of 141 million before tax in the academic year 2023-24, mainly due to the non-payment of certain investment partners in the company Bridgeburg Invest SL, which acquired 49%. Barca Vision.

On the other hand, FC announced a “historic record of income from sponsorships” (more than 210 million) and also from the BLM, which reached almost 110 million in licenses and marketing and revenue of the club. , which is a 72% increase since it was created in 2018.

And he describes “more than 80 million” as a “record profit in player transfers”. Euros earned through sales By Dembélé, Kessie, Nico González, Abde, Chadi Riad and Marc Guiu. And he managed to reduce the wage bill by 170 million euros, from 670 million to more than 500.

As for the budget forecast for the 2024-25 season, which is subject to the approval of the General Assembly commissioners, the club expects 250 million in sponsorship income and 5 million in ordinary profit, just like the previous year’s end.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here