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Tuesday, October 1, 2024

Barcelona registers losses of almost 100 million euros – Grupo Milenio

Barcelona /

The board of directors of FC Barcelona closed this Monday, in an extraordinary meeting, the 2023-24 financial year, which closes with 91 million euros net of lossesas reported by the Catalan entity.

He Barça also announced that the ordinary result of the last financial year has generated 12 million profitsdespite having stopped earning more than 100 million due to the transfer of its first soccer team to the Lluís Companys Olympic Stadium.

However, the club has had to account for the 2023-24 academic year, 141 million extraordinary expenses before taxes, mainly due to the non-payment of some investment partners in the company Bridgeburg Invest SL, which acquired 49% of Barça Vision in 2022.

On the other hand, the FC also announced a “historical record of income from sponsorships” (more than 210 million) and from BLM, the company through which it operates the licenses and marketing of the club and which has reached almost 110 million turnoverwhich means an increase of 72% since its creation in 2018.

In the same way, he describes as a “record profit in the transfer of players” the “more than 80 million” euros earned from the sale of Dembélé, Kessie, Nico González, Abde, Chadi Riad and Marc Guiu. And he highlights that he has achieved reduce the wage bill by 170 million euroswhich has gone from 670 million to just over 500.

Regarding the budget forecast for the 2024-25 season, which, like the closing of the previous year, will have to be approved by the General Assembly of Committersthe club foresees sponsorship income of 250 million and an ordinary profit of 5 million.

CGHR


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