Despite the negative financial result, the club had record sponsorship revenue of 210 million euros
Barcelona, a Spanish football club, recorded a loss of 91 million euros (approximately R$544.09 million) in the 2023-2024 season. This information was released in a report finance on Monday (September 30, 2024).
The club attributed most of the loss to the difficulty in selling the Barça Visionits digital media segment, which resulted in a write-down of 141 million euros (around R$843.59 million). The situation was worsened by “non-payment by some investors”.
Despite the adversities, Barcelona’s board of directors approved the finances for the 2023-2024 fiscal year and the budget for 2024-2025. The club achieved record sponsorship revenue of 210 million euros (approximately R$1.25 billion) last season.
In addition, it raised almost 110 million euros (around R$658.90 million) in sales from its merchandising subsidiary, BLM. These numbers represent an increase compared to revenue of 97.6 million euros (approximately R$582.58 million) in 2022-2023.
Among the most notable sponsorship agreements, we highlight, firstly, the master sponsorship of Spotify. Additionally, the club has entered into stadium naming rights and a sleeve sponsorship agreement with TP Vision. Finally, the technical partnership with Nikewhich is valid until the 2027-2028 season, is also worth highlighting.
Furthermore, the club plays its home matches at the Olympic Stadium, due to the reconstruction of the Spotify Camp Nou. The reform is part of a refinancing project worth around 1.45 billion euros (approximately R$8.67 billion), which should impact match day revenues
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