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Barcelona posts record revenue of $A1 billion

LaLiga giant Barcelona returned record financial figures for 2016-2017, with revenues hitting $A1 billion.

Barcelona recorded record revenues of $A1 billion during the 2016-2017 financial year, according to its latest set of results.

Club spokesman Josep Vives told a news conference that the return was $A19m more than Barca's projected figure.

At the end of the 12-month period, Barcelona recorded a profit of $26m after tax, while debt has been reduced by $A36m to $A363m.

The figures outstrip Barcelona's revenues of $A998m for the previous year, with a four-year renewal of the club's sponsorship with Qatar Airways boosting the coffers.

Japanese internet retailer Rakuten began a four-year shirt sponsorship deal with Barca this month that will be worth $A80million per season to the LaLiga giant.

Rivals Real Madrid reported revenues of $912m last October, but those figures did not include money brought in from player sales as Barcelona's do.