FC Barcelona recorded a tax loss of one hundred million euros last season, according to the Financial Times, it appears that even the world’s most valuable football clubs have been greatly affected by the coronavirus pandemic.
Catalans ranked prominently among football groups, Real Madrid’s rival and eighth among all world sports groups priced at $4. 02 billion, according to July Forbes estimates, but the club’s turnover of 855 million euros fell 14% compared to the past. year, according to the report, with net debt at 30 June from EUR 217 million to EUR 488 million. Commercial revenue fell by 9% and adjusted-day revenue fell by 24%.
All this happened amid severe turbulence at the club. After Barca’s 8–2 quarter-final win against Bayern Munich, coach Quique Setien has been fired, Lionel Messi has threatened to leave the club, club president Josep Maria Bartomeu recently won a vote of no confidence and new coach Ronald Koeman is suffering with the team as he appears to return to the starting lineup.
The main outgoing players in this protracted movement window include Arthur at Juventus, Nelson Semedo at Wolverhampton Wanderers, Ivan Rakitic at Sevilla, Arturo Vidal at Inter Milan and Luis Suarez at Atletico Madrid. It is imaginable that Ousmane Dembélé, 23, signed up for that day’s initial list, Manchester United would be interested in a transfer agreement. Among the arrivals came Miralem Pjanic from the Juve, with the young Portuguese winger Trincao from Braga and the American right-back Sergino Dest from Ajax.
Barcelona’s winnings next season are expected to fall to 791 million euros this season, according to the Financial Times, but this figure is in the return of La Liga pit enthusiasts in December.
Shlomo Sprung is senior editor of Forbes SportsMoney, feature film editor at Awful Announcing and writes on FanSided, SI Knicks, YES Network and
Shlomo Sprung is senior editor of Forbes SportsMoney. He is also a feature film editor for Awful Announcing and writes for FanSided, SI Knicks, YES Network and other publications. He graduated in 2011 from Columbia University School of Journalism and has worked for the New York Knicks, Business Insider, Sporting News and Major League Baseball in the past. Don’t miss out on Twitter.