Barça: anticipated turnover up in 2022/23

Barça: anticipated turnover up in 2022/23

FC Barcelona expects larger turnover, to 1.255 billion euros for the 2022/2023 season, largely because of the sale of TV rights, in keeping with the funds accredited by the Catalan membership’s board of administrators on Monday night .

“The board has accredited the funds for the 2022/23 season which incorporates an working income funds of €1.255 billion,” the membership mentioned in an announcement.

The funds for the present season additionally expects a revenue of 274 million euros.

The Barcelona membership’s forecasts embrace the capital beneficial properties generated by the sale final July of 15% of La Liga tv rights for the subsequent 25 years to the funding fund Sixth Avenue, which, in keeping with the press, will amounted to roughly 400 million euros.

The sale of a 49% stake in FC Barcelona’s audiovisual subsidiary, Barça Studios, for 200 million euros, can be accounted for on this season’s funds.

This sale was divided between a 24.5% stake within the Socios.com platform for 100 million euros and one other sale of the identical share and the identical quantity to Media, an organization led by the founding father of Mediapro, Jaume Roures. .

The Barça board of administrators, once more chaired by Joan Laporta since March 2021, additionally accredited the accounts for the earlier monetary yr, which ended with a document turnover of 1.017 billion euros.

The 2021/2022 season ended with a revenue of 98 million euros, effectively above the 5 million euros initially deliberate. That is defined by the sale of a part of the audiovisual rights of the Spanish championship on the final minute.

The funds for the previous season contains the capital beneficial properties generated by the sale of 10% of the tv rights to La Liga matches till 2047 at Sixth Avenue for 207.5 million euros. This transaction was concluded on June 30, 2022, the final day of the earlier monetary yr.

Sixth Avenue then purchased a further 15% on July 22, the proceeds of which have been included within the forecast for the present season.

Barça has been significantly lively this summer season on the switch market, paying particularly 153 million euros to recruit the Pole Robert Lewandowski, the French Jules Koundé and the Brazilian Raphinha.

/ATS



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