Barcelona recorded huge financial losses

Barcelona recorded a loss of 481 million euros for the 2020-2021 financial year and expenses record estimated in 1.136 billion euros, as announced by the club Catalan, which expects to record profits from the season in course.

The club, in sports and financial crisis, revealed that “the general budget for the 2020/21 season, with 631 million euros in revenues and 1.136 billion euros in expenses, shows a loss of 481 million euros after taxes”.

These losses are approximately two and a half times greater than predicted by the club, or about 200 million euros, mainly due to the pandemic.

“Operating expenses increased by 19% compared to the previous season, from € 955 million to € 1.136 billion, a record in the history of club”added Barcelona.

Revenues amounted to 631 million euros, 26% in less than in 2019/20 (€ 855 million), and 24% in less than the budget budget established before the 2020/21 season.

For the 2021/2022 financial year, while Barcelona are sixth in the Spanish league and the last in the Champions League group after two rounds of competition, the club Spanish is preparing to present the budget to the Socios Association (Fan Member) on October 17th. , with an expected profit of five million euros, with the end of the season.

The Blaugranas hope to generate revenues of 765 million euros, or 21% in more than last season, thanks to the gradual reopening of the structures of the club, including the Camp Nou stadium and official shops.

Barcelona also foresees exploratory expenses that will allow them to bring in players for 784 million euros “with a significant drop in sports salaries (-31%)”, thanks to the release of players with enormous salaries such as the Argentine Lionel Messi and the French Antoine Griezmann this summer, and the efforts of other players who are still in the club.

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