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Finance

Barcelona Predicts Record Revenue Of $767M In Budget For '16-17

On Oct. 29, Barcelona will submit for approval the '16-17 budget which forecasts revenue of €695M ($767M), which would equate to a record figure in the club's history. This total would mean a 2% increase with respect to the €679M achieved in the previous season. The results from the '15-16 campaign will also be submitted for approval. Barcelona is forecasting expenses of €663M ($731M) in '16-17. This places operating profit at €32M ($35.3M) which, including the financial balance and taxes, would mean a profit of €21M ($23.2M) after tax. Regarding revenue, the section with the most growth forecast is marketing. The goal is to raise revenue from sponsorship by more than €30M ($33M). An increase in income from broadcast rights is expected due to the new format of the distribution of TV rights. On the other hand, income from player sales is €22M ($24.3M) less than the previous season. Management expenses for '16-17 are expected to increase by 14% (Barcelona).

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