Barcelona ‘forecast profits of £240m this season’ after rescuing their dire financial situation… as the Nou Camp chiefs benefit from pulling a handful of ‘economic levers’ over the summer to boost funds
- Barcelona ‘have estimated that they will make a profit of £240million this season’
- The LaLiga club used ‘economic levers’ to improve their perilous financial status
- These levers included selling shares of both Barca Studios and their TV rights
- Barcelona spent more than £131m on new additions to the squad this summer
Barcelona have forecast a profit of £240million (€274m) this season, according to reports.
The Spanish giants were forced to execute a handful of ‘economic levers’ this summer in order to boost funds and register new signings, even after LaLiga had increased their spending cap to £575m (€656.5m).
In a bid to register the likes of Robert Lewandowski, Raphinha and Jules Kounde, Barcelona sold 25 per cent of their television rights for the next 25 years to Sixth Street in a deal worth £437m (€500m).
Barcelona ‘have forecast a profit of £240million this season’ after rescuing the club’s finances
Club chiefs including Joan Laporta used ‘economic levers’ this summer in a bid to boost funds
The Nou Camp chiefs also handed over 24.5 per cent of Barca Studios to Orpheus Media and a further 24.5 per cent to Socios.com.
Barcelona have also revealed that they recorded a profit of £86m (€98m) and a turnover of £880m (€1.017billion) during the 2021-22 campaign, according to The Athletic.
Aside from the aforementioned trio, the Catalan club signed Franck Kessie, Andreas Christensen, Hector Bellerin, Marcos Alonso and Pablo Torre this summer, contributing to a total spend of more than £131m (€150m).
Robert Lewandowski arrived for £42.5m during an expensive summer of the Spanish giants
In addition, Barcelona agreed a new blockbuster contract with former club record signing Ousmane Dembele, who re-signed for a reported deal worth approximately £297,000-a-week.
The summer spending spree seems to be paying dividends on the football pitch, as Xavi’s side head into the first international break in second place behind defending champions Real Madrid.
Barcelona, who are enjoying a five-game win streak in LaLiga, return in October to face Mallorca before a vital Champions League clash against Inter Milan at the San Siro.
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