Barça has a budget of 765 million euros for this season

Barça has a budget of 765 million euros for this season

The board of FC Barcelona has today reached an agreement on a budget of 765 million euros for the current season 2021-2022. The Catalan club said in a statement after the board meeting that the fiscal year for the 2020-2021 season has ended with a loss of 481 million euros.

Barcelona had initially expected €791 million in revenue for the 2020-2021 fiscal year. That was based on the return of supporters to the stadium last December, but which did not happen for the rest of the season.

Chairman Joan Laporta had previously reported a similar financial loss during a press conference explaining the departure of star player Lionel Messi. The chairman then said that the total debt of the club is 1.35 billion euros, but that the club can have a balanced budget again within two years.

The financial problems forced the club of coach Ronald Koeman to say goodbye to club icon Messi, who left for Paris Saint Germain on a free transfer and thus provided some relief in the salary budget. Due to the salary cap that La Liga has set based on the budget of the clubs, Barcelona has had to make significant cuts this season.

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Barça has a budget of 765 million euros for this season | Foreign football
Source link Barça has a budget of 765 million euros for this season | Foreign football

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