Barcelona reveal next financial target after making a huge profit

In a gathering at the Barca store in Las Ramblas, Barcelona shared information about their current income.

Barcelona recorded a profit of €98 million for the 2021/22 season and expect to make €271 million in the current campaign.

It’s the first time the Blaugrana have turned a profit since the COVID-19 pandemic in 2020. In an official statement, the club said it had a turnover of €1.017 billion in 2021/22. This resulted in a €98 million profit, which is remarkable considering the state of Barca a year ago.

✅️| OFFICIAL: The Barcelona Board has approved the budget for the 2022-23 season with an operating income of €1.255 Bn and forecasting profits worth €274m.

• The 2021-22 financial year closed with a turnover of €1.017 Bn and a profit of €98m. pic.twitter.com/oHFSyEyN0M

— Barça Buzz (@Barca_Buzz) September 19, 2022

In 2020/21, Barcelona recorded losses of over €400 million and couldn’t register a new contract for Lionel Messi under LaLiga’s FFP rules.

Today, however, the 26-time Spanish champions are making a profit and adding new signings to their ranks despite their financial restrictions still frequently causing delays in registration.

The sale of club assets has been a key factor behind this turnaround.

Barcelona have sold off stakes of their future LaLiga TV rights and their in-house media production unit, Barca Studios. Several players also agreed to pay cuts to lower the wage bill.

This allowed the Catalan side to spend over €150 million in the summer on Robert Lewandowski, Raphinha, and Jules Kounde.

Franck Kessie, Andreas Christensen, Hector Bellerin, and Marcos Alonso also arrived at Camp Nou on free transfers.

These new signings have helped Barcelona go unbeaten in LaLiga after six games. Xavi Hernandez’s men sit second in the standings on 16 points, two points behind leaders Real Madrid.