Barca posts £86m profit for last financial year

UCL- 4,500 Man Utd fans head for Nou Camp ahead Barca clash
Enugu State

Barcelona recorded a profit of £86m for the last financial year and expect to make a £240m profit next year, the club has announced.

This summer the Spanish club were unable to register new players because of La Liga financial regulations having made a loss of £422m the previous year.

However, they freed up funding with several ‘economic levers’.

The club said it closed the 2021-22 financial year with a turnover of £890m.

Financial restrictions meant there were delays in registering new signings including Robert Lewandowski and Raphinha this summer.

The ‘levers’ have involved selling shares of their future television rights and their media production unit Barca Studios.

In August, they sold an additional 24.5% of Barca Studios to Orpheus Media for 100m euros (£84.6m) – this was expected to generate enough revenue to satisfy La Liga and allow Barca to register at least some of their new players.

Barcelona are second in La Liga on 16 points after six games, two points behind Real Madrid.

NEWS UPDATE: Nigerians can now earn as much as $15,000-$25,000 with premium domains. You decide if you want payment in Naira or US Dollars. Be sure to ask for evidence and proof of people benefitting daily from this. CLICK HERE TO START

Breaking news & top stories

Stay connected with The Sun Newspaper

Get breaking news, exclusive stories, and live updates delivered straight to your phone. Join thousands of readers already following us on Whatsapp Channel and Telegram.

Breaking news & top stories

Follow The Sun Newspaper

Get live updates & exclusive stories delivered straight to your phone.

Breaking news & top stories

Stay connected with The Sun Newspaper

Get breaking news, exclusive stories, and live updates delivered straight to your phone. Join thousands of readers already following us on Whatsapp Channel and Telegram.

Enugu State