La Liga
Barcelona presented the highest winnings in the history of football
Barcelona have broken all the counters after announcing unimaginable after-tax profits on the balance sheet for the 2022-2023 financial year.
Barcelona presented the balance sheet for the financial year ending June 30, 2023 and its profit after tax broke all previous records.
Controversial moves by the club’s management in recent months to consolidate finances have resulted in profits for the first time since the coronavirus outbreak and kept Barcelona afloat, one step away from liquidation.
In practice, the “Blaugrana” confirmed the estimates of the previous year’s budget, according to which the profit would increase from 97,600,000 euros to 271,000,000 euros. The result is an after-tax profit of 304,000,000 for the period 2022-2023, with operating income being 1,259,000,000 and operating expenses being 1,165,000,000.
Optimism has been growing for months, and back in July the club had announced record revenues for the 2022-2023 season, 4% more than the last season before the coronavirus. 351,000,000 from this revenue stream is 43% more than last year, with sponsorship reaching the 200,000,000 mark and Barça Stores sales revenue reaching 100,000,000, both record achievements.
Camp Nou’s revenue reached 229,000,000, 14% more than budget and 8% more than last season before the coronavirus. Of this, 121,000,000 resulted from the stadium naming agreement with Spotify, after 1,000,000 tickets for the “Blaugrana” games were sold in the first season. Accordingly, the Camp Nou’s income from women’s football games amounted to 2,700,000, that from basketball to 4,500,000 and that from the Barcelona Museum to 39,900,000.
The increased revenue, combined with the sale of 15% of La Liga broadcast rights for 400,000,000, led to a further reduction in the club’s debt, from 680,000,000 in 2021 to 552,000,000 two years later.
As for the estimates for the new season, the move to the Montjuic Olympic Stadium will result in a noticeable decrease in revenue due to the renovation of the “Camp Nou”, which is expected to reach 859,000,000 in profit before taxes in 2023-2024, which is estimated at 11,000,000.
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.
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.
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.
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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