Wednesday, 19 July 2017

Barcelona reveals income for 2016/2017 season

Barcelona Board of Directors has approved the closure of the accounts for the 2016/17 season.
Results from the year show a record income in club history of €708 million.
According to information posted on the club website yesterday, the figure is €13 million higher than what was originally budgeted, while net after tax profit is €18 million.
“The Board have naturally viewed the final figures in a positive light, not just because the said growth is not only in line with the Club’s Strategic Plan to reach €1billion million by 2021, but also because of the operating result”, the club said.
Barcelona added that in last season, payment of salaries to players amounted to 66% of the club’s total expenditure.
Forbes recently placed FC Barcelona as the fourth most valuable sports club in the world at €3.64 billion.

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