Barcelona Post £86 Profit From Last Financial Year

Barcelona is beginning to show an economic revival after recording £86m for the last financial year, and the club estimates next year’s profit to hit £240m.

The La Liga giants found registering new players a huge challenge this summer because of La Liga financial regulations after it made a loss of £422m the last financial year.

The club appears to have weathered the worse part of the storm after announcing a turnover of £890m for the 2021-2022 financial year.

La Liga’s financial regulations made it difficult for Barcelona to register new signings during the summer transfer window. New club signings like Robert Lewandowski and Raphina faced uncertainty over their registration, with Jules Kounde only being registered recently after the start of the season.

Barcelona activated several of its ‘economic levers’ to have the kind of summer transfer window they had, which saw many players enter Camp Nou’s door. The club sold some shares of its future television rights and their media production unit Barca Studios.

An additional 24.5% of Barca Studios was sold to Orpheus in August to facilitate the registration of new club signings in the summer transfer window.

The on-the-field investments are already paying off, with the club occupying a second place on the La Liga table, two points behind league leaders Real Madrid who are on 18 points six games into the new season.

Barcelona’s European campaign is also going well, with their fate of progression firmly in their hands. Their recent loss to Bayern Munich in the Champions League was the only blip.

Related Articles

0 Comments
Inline Feedbacks
View all comments

Latest Articles