Barcelona reported a 98 million euro ($98.27 million) profit for the fiscal year 2021–22 and predicted a 274 million euro profit for this campaign. Moreover, Barcelona is currently valued at $5 billion, coming in behind rival Real Madrid ($5.1 billion), on Forbes’ ranking of the most valuable soccer teams.
The club said on Monday that its board of directors had authorized a 1.255 billion euro operating income budget for this season after the financial year ended with a turnover of 1.017 billion euros.
Barcelona sold 25% of its domestic television rights to an American investment group
Barcelona was rescued from a spending deficit earlier this month when LaLiga increased the club’s expenditure cap by 800 million euros. This was done after the Catalan team had sold off some of their assets to shore up their finances.
Barcelona sold 25% of their domestic television rights to an American investment group Sixth Street for the following 25 years in two deals totaling more than 500 million euros in order to offset losses and adhere to LaLiga’s financial fair play requirements.
The club signed a long-term sponsorship agreement with streaming juggernaut Spotify
The club signed a long-term sponsorship agreement with streaming juggernaut Spotify in March, and also raised an additional 200 million euros by selling a total of 49% of its shares in Barca Studios in two different transactions.
This allowed Barcelona to sign Robert Lewandowski, Rapha, and Jules Kounde in the offseason for more than 150 million euros, while Andreas Christensen, Franck Kessie, Hector Bellerin, and Marcos Alonso all signed free transfers. After six games, Barcelona has 16 points in La Liga, two points behind Real.