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Spain La LigaFinancially crippled Barcelona reports a profit of 98 million euros for the...

Financially crippled Barcelona reports a profit of 98 million euros for the 2021/22 financial year

Lionel Messi shocked the world, when he left financially crippled Barcelona in 2021. However, since then, the Catalan club have been making big money signings. The question on everyone’s mind is ‘how is a financially crippled Barcelona able to afford these signings?’

To shed some light on it, the club has revealed the budget for the last season. Furthermore, they have given a forecast of their finances for the upcoming financial year.

In addition to that, the club has given updates of the ongoing construction work in their stadium. As well as an announcement to reduce plastic usage.

The club announced: “The FC Barcelona board of directors, sitting in ordinary session. At the Barça Store Canaletes in Las Ramblas, Barcelona, has reached the following agreements:

“The Board of Directors has approved the budget for the 2022/23 season. Which includes an operating income budget of 1.255 billion euros, with a profit forecast of 274 million euros.

“At the end of the previous season, the board closed the 2021/22 financial year. With a turnover of 1.017 billion euros and a profit of 98 million euros.

“The Board of Directors has been informed of the progress of the work to demolish part of their “third tier of the Gol Sur at Spotify Camp which began on 1 September with preliminary work and the removal of the Gol Sur video scoreboard amongst other activities.

“It was reported at the meeting that work is already underway at the club with the aim of reducing the consumption of single-use plastic as much as possible. An awareness campaign among the workers and the board has involved distribution of thermal bottles, changes to all water sources and the removal of all plastic cups together with a reduction in plastic bottles.”

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