Deloitte report: FC Barcelona accounted for 1.5% of GDP of the city of Barcelona in 14/15 season

By iSportconnect | June 21, 2016

A report carried out by Deloitte on FC Barcelona’s economic impact on the city of Barcelona during the 2014/15 season has reflected an increase in wealth generated by the Club with respect to the study presented last year corresponding to the 2013/14 season.

The most recent study shows that FC Barcelona’s economic impact was €906 million, representing 1.5% of the city’s gross domestic product (GDP).

That’s a 19.3% increase when compared to the 2013/14 season, for which the Club generated €759 million (1.2% of GDP).

The report was presented on Tuesday at an event organised by Barcelona Cultura, which was held at the Col·legi d’Economistes de Catalunya.

The results also highlight the effect on employment, with 16,620 jobs accounted for in the city thanks to the Club’s activities, equivalent to 18% of those registered as unemployed in Barcelona.

The 16,620 jobs represent a 9% increase with respect to the 2013/14 season, which accounted for 15,265 jobs.

For every euro of direct expenditure in Barcelona as part of the Club’s activities, €2.30 of GDP were generated

 

A report carried out by Deloitte on FC Barcelona’s economic impact on the city of Barcelona
during the 2014/15 season has reflected a significant increase in wealth generated by the Club
with respect to the study presented last year corresponding to the 2013/14 season. The most
recent study shows that FC Barcelona’s economic impact was €906 million, representing 1.5%
of the city’s gross domestic product (GDP), a 19.3% increase with respect to the 2013/14
season, for which the Club generated €759 million (1.2% of GDP).
The impact of this growth has exceeded forecasts. The study, which was presented on 20 May
2015 at the Círculo de Economía, estimated that the expected impact of the Espai Barça
project on the Barcelona economy was also surpassed with the latest results.
The previous study estimated that the impact on the city’s GDP would increase by 9% with the
beginning of the Espai Barça project and would reach €826 million of GDP and account for
16,628 jobs for the year. Nevertheless, the figure of €906 million for the 2014/15 season
already reached the level forecast, without counting the impact of Espai Barça.
The report was presented on Tuesday at an event organised by Barcelona Cultura, which was
held at the Col·legi d’Economistes de Catalunya. Participating in the event were the President
of the organization, Albert Augustí, the Club’s Vice President of Finance; Susana Monje; the
Deloitte partner, Ana Andueza; and the Dean of the Col·legi, Joan B. Casas. The event was
also attended by directors Silvio Elias and Didac Lee, and the director general of FC
Barcelona, Nacho Mestre.
The results also highlight the effect on employment, with 16,620 jobs accounted for in the city
thanks to the Club’s activities, equivalent to 18% of those registered as unemployed in
Barcelona. The 16,620 jobs represent a 9% increase with respect to the 2013/14 season,
which accounted for 15,265 jobs.
For every euro of direct expenditure in Barcelona as part of the Club’s activities, €2.30 of GDP
were generated. FC Barcelona, thus, has been proven as a creator of wealth and revitalisation
for the economy of the city of Barcelona, underlining the current and future economic
sustainability of the Club.
The study shows the Club’s positive effect on the economy, tourism, employment and tax
revenue in Barcelona and is, therefore, one of the main assets of the city, both for direct and
indirect generation of income and jobs, due to its ability to mobilise agents that spend money
and contribute additional wealth to the city.
6% of the tourism market, thanks to Barça
The study also demonstrates the Club’s effect on tourism. Six percent of the city’s tourists
highlighted FC Barcelona as the primary reason they visited the city. Tourism generated by the
Club accounted for 1.47 million overnight stays in the city, equal to 59% of what the congress
and events industry generates. FC Barcelona mobilised 2.4 million fans and received 1.57
million visitors to the Camp Nou Experience Museum.
Finally, the Club’s effect on tax revenue translated into €242 million in annual tax revenue for
the public sector, of which 81% were paid directly by FC Barcelona and its Foundation. For
every euro of direct expenditure by the Club and its Foundation in Barcelona, €0.60 in tax
revenue was generated.