Barcelona Post Record Revenues of $813million

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Barcelona post record revenues of $813million


Barcelona recorded record revenues of $813million during the 2016-17 financial year, according to their latest set of results.

Club spokesman Josep Vives told a news conference that the return was $15m more than Barca's projected figure.

At the end of the 12-month period, Barcelona recorded a profit of $20.6m after tax, while debt has been reduced by $28m to $283.5m.

The figures outstrip Barcelona's revenues of $779m 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 $63million per season to the LaLiga giants.

Rivals Real Madrid reported revenues of $712m last October, but those figures did not include money brought in from player sales as Barcelona's do.