Barcelona records turnover of $1.089 billion and their 2019/20 season goal of ($1.152 billion), which would mean surpassing the €1 billion barrier a year earlier than expected.
This figure indicates a new record in the world of sport, and means the surpassing of internal forecasts, since the Strategic Plan approved by the Board of Directors expected profits to reach the figure of €1 billion in 2021.
The final accounts will be presented to the delegate members of the club for approval in the Ordinary General Assembly on October 6th, 2019. The vice president and treasurer of the Board of Directors, Enric Tombas, detailed the balance of the financial year for the 2018/19 season; and the CEO of the club, Òscar Grau, presented the budget for the 2019/20 season.
The budget for this season provides for expenditure of €1.007 billion ($1.108 billion), and a profit after tax of €11 million ($12.1 million). This would mean nine consecutive years with a positive result and accumulated profits of €213 million ($234.3 million) since the 2011/12 season. The budget also forecasts €199 million ($218.9 million) EBITDA, a new record in the history of the club, confirms its solidity and sustainability.
Once again the figure for revenue has increased, this year by 6%. Of note is an unprecedented commercial effort in sponsorship, which would represent an increase in turnover in the last 10 years (2010-2020) of €172 million ($189.2 million) .
There is also a satisfactory evolution in the operating profit of the Barça brand, through Barça Stores and commercial licenses, with an expansion that provides revenue of €86 million ($94.6 million).
Forecasts indicate an increase of 9% in income for player transfers and loans, which consolidates this resource as a recurring source of income at both the club and in the football industry itself.