Barcelona made a profit of €98m last year after activating economic leverage

Barcelona made a profit of 98 million euros (85 million pounds) in the last financial year thanks to the activation of their first economic leverage.

The Camp Nou club have publicly struggled financially over the past 18 months as they had to allow Lionel Messi to leave in order to meet La Liga salary caps. They then sold a number of segments of the club business so they could register their summer signings.

However, on Thursday they announced positive results.

A statement said: “The financial year 2021-22 close shows a positive profit after tax of €98m, with operating income of €1.017bn (£890m) and operating expenses of €856m (£750m).

“Budget-wise, the target for the 2022-23 season is sales of €1.452bn (£1.27bn) and profit after tax of €275m (£240m).

https://theathletic.com/3664242/2022/10/06/barcelona-profit-explained/?source=rss Barcelona made a profit of €98m last year after activating economic leverage

John Verrall

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