Harmonica wrote:BARCELONA, Spain (AP) — Barcelona says it will become the first sports team in the world to surpass 1 billion euros ($1.15 billion) in revenue this season.

The Spanish club made the announcement on Thursday while presenting revenue of 990 million euros ($1.09 billion) for last season, also a record an 8% increase from the previous year.

It says the 1-billion-euro mark will be achieved a year earlier than projected.

Barcelona says its profits after taxes will reach 11 million euros ($12.1 million) this season, the ninth consecutive year with a positive result.

The club's revenues are expected to increase by 6% this season thanks in part to "an unprecedented commercial effort in sponsorship."

It says "forecasts indicate an increase of 9% in income for player transfers and loan, which consolidates this resource as a recurring source of income at both the club and in the football industry itself."

Harmonica wrote:BARCELONA, Spain (AP) — Barcelona says it will become the first sports team in the world to surpass 1 billion euros ($1.15 billion) in revenue this season.

The Spanish club made the announcement on Thursday while presenting revenue of 990 million euros ($1.09 billion) for last season, also a record an 8% increase from the previous year.

It says the 1-billion-euro mark will be achieved a year earlier than projected.

Barcelona says its profits after taxes will reach 11 million euros ($12.1 million) this season, the ninth consecutive year with a positive result.

The club's revenues are expected to increase by 6% this season thanks in part to "an unprecedented commercial effort in sponsorship."

It says "forecasts indicate an increase of 9% in income for player transfers and loan, which consolidates this resource as a recurring source of income at both the club and in the football industry itself."

A club insider said, however, that: "These news are a relief, because we still need every penny to pay for that Coutinho money to Liverpool. Obviously we all dream that Bayern take up that €120m option to buy Philippe... but who are we kidding. Maybe we'll try him at left-back next season, turn him into the next Marcelo, you never know, haha."

Barcelona says it will become the first sports team in the world to surpass 1 billion euros ($1.15 billion) in revenue this season

"Deloitte notes that FC Barcelona, which finished second last year, has gone from 690.4 million euros in the 2017/18 season to 840.8 million in 2018/19 (in accordance with the methodology that the company uses to calculate its figures), and attributes this rise of 150.4 million to the Club’s change of policy regarding certain operations, particularly taking over management of its own commercial licenses via the Barça Licensing & Merchandising (BLM) company that was set up for this purpose in July 2018. “Recognizing the power of its name, the Club has acquired control of its merchandising and commercial licenses, rather than entrusting them to third party operations”, states Deloitte in its report. "

RealGunner wrote:Barcelona on the verge of bankruptcy: €1,173m in debt, €730m in short-term

https://www.football-espana.net/2021/01/25/barcelona-on-the-verge-of-bankruptcy-e1173m-in-debt-e730m-in-short-term

Myesyats wrote:They'll probably bend over to some sheiks, sad

Welcome to Camp Qatari Nou and La Mashallah.

RealGunner wrote:Barcelona on the verge of bankruptcy: €1,173m in debt, €730m in short-term

https://www.football-espana.net/2021/01/25/barcelona-on-the-verge-of-bankruptcy-e1173m-in-debt-e730m-in-short-term

Harmonica wrote:Barca has taken #1 spot in the club revenue list according to Deloitte. $935m (840m Euros) last year. 23%+ increase over previous period.

"Deloitte notes that FC Barcelona, which finished second last year, has gone from 690.4 million euros in the 2017/18 season to 840.8 million in 2018/19 (in accordance with the methodology that the company uses to calculate its figures), and attributes this rise of 150.4 million to the Club’s change of policy regarding certain operations, particularly taking over management of its own commercial licenses via the Barça Licensing & Merchandising (BLM) company that was set up for this purpose in July 2018. “Recognizing the power of its name, the Club has acquired control of its merchandising and commercial licenses, rather than entrusting them to third party operations”, states Deloitte in its report. "

Helmer wrote:

RealGunner wrote:Barcelona on the verge of bankruptcy: €1,173m in debt, €730m in short-term

https://www.football-espana.net/2021/01/25/barcelona-on-the-verge-of-bankruptcy-e1173m-in-debt-e730m-in-short-term

If the above is true, what about the following

Harmonica wrote:Barca has taken #1 spot in the club revenue list according to Deloitte. $935m (840m Euros) last year. 23%+ increase over previous period.

"Deloitte notes that FC Barcelona, which finished second last year, has gone from 690.4 million euros in the 2017/18 season to 840.8 million in 2018/19 (in accordance with the methodology that the company uses to calculate its figures), and attributes this rise of 150.4 million to the Club’s change of policy regarding certain operations, particularly taking over management of its own commercial licenses via the Barça Licensing & Merchandising (BLM) company that was set up for this purpose in July 2018. “Recognizing the power of its name, the Club has acquired control of its merchandising and commercial licenses, rather than entrusting them to third party operations”, states Deloitte in its report. "

I am sure they have one or other way it sorted. How can such a big club can do nothing about their problems. They will find a way.

Barcelona cannot register any new signings, not Memphis Depay, Sergio Agüero, Eric García or Emerson Royal, after exceeding the La Liga salary limit.

Despite selling Konrad de la Fuente, Jean-Clair Todibo, and Junior Firpo, Barcelona need to reduce their wage bill by €200,000.

— Zach Lowy (@ZachLowy) July 5, 2021

BarrileteCosmico wrote:Iirc the la liga wage limit has actually been decreased this year