La Liga
Barcelona announced a record revenue record in the history of the sport
Barcelona’s board of directors announced part of the balance sheet results for the 2021-2022 financial year and the budget for the new year, with revenues exceeding one billion euros, a record performance in the history of professional sports clubs.
Barcelona’s board of directors met in one of the club’s boutiques on Monday and announced the results of both the balance sheet for the 2021-2022 financial year and the budget to be voted on for 2022-2023.
The highest-grossing team in history
According to the data provided by the association, the organization reported income of 1,017,000,000 euros. This sum is a record in the history of professional sports!
The Catalans became the first team in history to post ten-figure earnings in 2019, albeit in dollars. At that time, they had announced earnings of 990,000,000 euros, an amount that exceeded $1,000,000,000 at the time of conversion.
The coronavirus caused revenue to drop to 855,000,000 in 2020 and 631,000,000 in 2021, but measures taken to restructure the club saw revenue rise by double digits, even in euro currency terms.
Barcelona income
*The estimate for 2023
return to profitability
The three strengthening levers he activated last season also led to a return to profitability.
The club reported eight consecutive years of pre-tax profits (257,000,000 in total) between 2011 and 2018, although the reality of the health of its finances was different.
This was followed by a loss of 133,000,000 in 2020 and 555,000,000 (481,000,000 after tax) in 2021, reversing the situation in 2022 with a gain of 98,000,000 after several sustainability “injections”.
Barcelona wins/loses
*The estimate for 2023
The even more positive budget for 2023
The board of directors has also agreed on the budget for 2022-2023, which will be put to the vote at the general meeting on October 9th.
The 4,451 delegates will be asked to vote on a budget estimated to bring in revenue of 1,255,000,000 and profits of 274,000,000.
Source: sport 24
I am a sports journalist who has written for various websites and magazines. I currently work as an author at Sportish, a news website that covers sports news. My main focus is writing about soccer, rugby and other sports in the world.
La Liga
Atletico 1-0 Sevilla: Llorente sends them into 3rd place ahead of Barcelona
Marcos Llorente scored the only goal in Atletico’s injury-time win over Sevilla, lifting them to third place in La Liga, ahead of Barcelona.
Atletico defeated Sevilla with 1:0 in their procrastination game 4th matchday and overtook Barcelona for 3rd place in the La Liga standings.
The Rojiblancos were superior for most of the game, but in the first half the visitors managed to keep a clean sheet. However, at the start of the second period, Marcos Llorente, one of Diego Simeone’s two half-time substitutes, scored the first goal.
Another change almost made the difference when Caglar Seyunjiu came on in the 66th minute and was sent off four minutes later with a straight red card.
Quique Sanchez Flores’ men failed to threaten against ten opponents and Atlético picked up an important win before half-time.
The program for the 19th matchday
- 01.02. 6:00 p.m Getafe – Rayo Vallecano
- 01.02. 8:15 p.m Real Sociedad – Alaves
- 01.02. 10:30 p.m Valencia – Villarreal
- 01.03. 6:00 p.m Granada – Cadiz
- 01.03. 8:15 p.m Real – Mallorca
- 01.03. 8:15 p.m Celta-Betis
- 01.03. 10:30 p.m Girona – Atletico
- 01.04. 6:00 p.m Osasuna – Almeria
- 01.04. 8:15 p.m Seville – Sporty
- 01.04. 10:30 p.m Las Palmas – Barcelona
Source: sport 24
I am a sports journalist who has written for various websites and magazines. I currently work as an author at Sportish, a news website that covers sports news. My main focus is writing about soccer, rugby and other sports in the world.
La Liga
Real Madrid have 20-year-old Robert Renan on their shortlist for central defense
Real Madrid have suffered a major blow to their central defense due to injuries and one of the things they have on their list ahead of January is the loan of 20-year-old Brazilian central defender Robert Renan from Zenit.
After the serious injuries to David Alaba and Ender Militao, Real Madrid have entered the transfer market to sign a central defender.
One of the cases that the Merengues are considering, according to AS, is 20-year-old Brazilian central defender Robert Renan, who plays for Zenit St. Petersburg. Madrid initially wants to bring him in with a loan and a purchase option for next summer.
The young footballer is exactly the right person to strengthen the Merengues as he is left-footed and can develop into a very good footballer. This particular formula would also satisfy Zenit, but there is a non-football problem.
Groups linked to the Russian state continue to face sanctions from the European Union (and the US) over the military invasion of Ukraine. Specifically, teams cannot receive an amount over 108,000 euros.
Zenit is owned by Gazprom, one of the most famous oil companies (in the world) controlled by the Russian state.
Source: sport 24
I am a sports journalist who has written for various websites and magazines. I currently work as an author at Sportish, a news website that covers sports news. My main focus is writing about soccer, rugby and other sports in the world.
La Liga
Barcelona is threatened with exclusion from the new Champions League because of FFP
According to the German newspaper “Die Welt”, Barcelona is threatened with exclusion from the new Champions League due to violations of Financial Fair Play. However, the Catalans are not aware of the specific risk.
A few hours after the legal recognition before the Court of Justice of the European Union of the European Super League, a project that Barcelona and Real Madrid have “operated” from the beginning until today, the Blaugrana are in adventure.
A publication by German newspaper Die Welt reports that the Catalans are at risk of being banned from the new Champions League (for up to three years) due to Financial Fair Play violations. Barcelona announced gigantic profits (a whopping 304 million euros), but according to the report, UEFA will audit the finances as the income must only come from “football activities”.
Barcelona reported on its balance sheet revenue from “Barca Studios”, the project that manages the team’s audiovisual material, such as the team’s official channel (Barca TV).
Sources in Barcelona management told Mundo Deportivo that they were unaware of the scenario in question.
Source: sport 24
I am a sports journalist who has written for various websites and magazines. I currently work as an author at Sportish, a news website that covers sports news. My main focus is writing about soccer, rugby and other sports in the world.
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