Recovering Barca predict 1.3 billion euro revenue

BARCELONA: Barcelona have forecast revenue of 1.255 billion euros ($1.254 billion) for the 2022-23 season, with a predicted profit of 274 million euros.

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The Spanish side have been under great economic stress in recent years but gained financial leverage this summer with a string of operations which allowed them to strengthen the team.

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Barca signed Bayern Munich striker Robert Lewandowski, Sevilla defender Jules Kounde, Leeds United winger Raphinha and various other players on free transfers.

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They were able to do this after selling 25 percent of their television rights to investment firm Sixth Street for the next 25 years, raising over 500 million euros.

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Barcelona also sold 24.5 percent of their Barca Studios production company to fan token firm Socios.com and the same amount again to Orpheus Media, for around 100 million euros each.

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These deals, plus the return of supporters in droves after low attendance last season,

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mean their expected income for next season has risen from last year;s revenue of 1.017 billion euros and a profit of 98 million euros.

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In the 2020-21 season Barcelona posted losses of 481 million euros and blamed them for not being able to renew their all-time record scorer Lionel Messi’s.

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Barca signed Bayern Munich striker Robert Lewandowski, Sevilla defender Jules Kounde, Leeds United winger Raphinha and various other players on free transfers.

Image: Google