Barcelona revenue up ten per cent
By Community | July 1, 2010
Spanish La Liga champions Barcelona saw their revenue rise by ten per cent to €445.5 million (US$545 million) last season compared to 2008-09, it has been announced.
The increase has been attributed to rising income from marketing, player transfers and loans and the sale of a plot of land.
However, there was also an increase in spending, which was up by 18 per cent. This was down to money paid out to players in wages and bonuses, which amounted to €305 million (US$375 million).
Net profit for the period was €9 million (US$11 million) and the club’s debt rose to €326 million (US$400 million).
The club said it earned €121 million (US$148 million) from marketing, €25 million (US$30 million) from the sale or loan of players and €15 million (US$18 million) from the sale of a plot of land at Sant Joan Despi.