Last season’s €98 million profit announced Barcelona. The Catalan team is facing serious financial problems due to the mismanagement of the previous management.
For this reason, he sold part of the domestic television rights (50%) as well as Barca Studios (48.5%) to raise funds for the transmission. According to a statement from Barcelona, the Spanish team is expected to make a profit of 274 million euros this season.
“The Board of Directors of Barcelona, having met for a regular meeting at the headquarters of the Barça Store Canaletes, the club’s official store on the Ramblas in Barcelona, reached the following agreements:
The Board of Directors approved the budget for the 2022-2023 season, which includes an operating income budget of €1.255 billion with a projected profit of €274 million.
At the end of the previous season, the Board of Directors of Barca closed the financial year 2021/22 with a turnover of 1.017 billion euros and a profit of 98 million euros.
✅ Budget for 2022/23 approved by the Council
All details 👇https://t.co/25mqj6jvwf
— FC Barcelona (@FCBarcelona) September 19, 2022
Source: Kathimerini
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.