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.