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Barcelona report profit
Spain - 09 July, 2008
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For the fifth season in a row, Spanish FC Barcelona has reported significant gains. For the 07/08 season, the club has reported a profit of EUR 10.1 million.
Member of the Spanish football league Liga BBVA, FC Barcelona have increased its revenue by EUR 18.7 million compared to last season. The club predicts that there are even larger profits to made during the upcoming 08/09 season. The club stated that they will 'become a leader in terms of income in the world of sport' according to Football Insider.
The club's income is expected to reach EUR 380 million, which Barcelona believes will dwarf the financial powers of American counterparts.
A new television contract is set to earn the team EUR 134 million, as compared to a prior EUR 116.2 million.
Member of the Spanish football league Liga BBVA, FC Barcelona have increased its revenue by EUR 18.7 million compared to last season. The club predicts that there are even larger profits to made during the upcoming 08/09 season. The club stated that they will 'become a leader in terms of income in the world of sport' according to Football Insider.
The club's income is expected to reach EUR 380 million, which Barcelona believes will dwarf the financial powers of American counterparts.
A new television contract is set to earn the team EUR 134 million, as compared to a prior EUR 116.2 million.
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