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Barcelona report €98 million profit for 21/22 with boost for coming season

Arsh Das by Arsh Das
September 20, 2022
in Football, Sports
0
Barcelona

Via Frenkie De Jong's Twitter

Barcelona have announced their new spending limits of the season, and have reported a profit of €98 million for the 21/22 season. They are projecting a profit worth €271 million in the coming season that will ease their financial problems to some degree. 

The sale of their assets was the main reason behind the income. They sold 10% of the club’s domestic TV rights for the next 25 years, as well as 15% of their La Liga TV rights, 49% of Barca Studios and their merchandising branch which has allowed them to make a profit for the first time since the pandemic. 

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Barcelona expecting more profits for the coming season

Barcelona have announced profits of €98 million for the 2021-22 campaign and predict they will make another €271m in the current season 💰 pic.twitter.com/PvqqXX8Q0H

— ESPN FC (@ESPNFC) September 20, 2022

“Barcelona’s limit is [up to] €656m and they needed this full amount, that’s why they were still registering players at the last minute,” LaLiga president Javier Tebas said at the presentation of the spending limits this month.

“Without the [sale of assets], it may not be so high next season. They may have to reduce their wage bill, sell players or even [sell more] assets. I think [Barca’s vice president Eduard] Romeu has said they need it to be at around €400 and something million. But they know all about this, it will be difficult for them to maintain [the new limit] next season.”

The club spent over €150 million on registering new signings this summer, and will now be looking to achieve financial stability before buying back their assets. 

Tags: BarcelonaFC BarcelonaLa Liga
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