Record income of $711m for Barca

by Agency Reporter

Barcelona players celebrating a goal

Barcelona have reported a record income of €530m ($711m) over the past year and made a profit of €41m ($55m), the club announced on Tuesday.

Javier Faus, Barcelona’s vice president in charge of finance, presented the annual report for 2013-2014, saying that the club’s net debt had been reduced by €44m to stand at €287m as of June 30, AP reports.

Faus said that since he took up his post in 2010 the club’s debt had been reduced by €143m and that Barcelona had risen from 24th to second position in the Forbes ranking of the world’s most valuable sports teams. Real Madrid heads the Forbes ranking for 2014 with Manchester United in third place, baseball’s New York Yankees in fourth and the Dallas Cowboys of the NFL in fifth.

Faus said that advertising and sponsorship revenue was the biggest contributor to the club’s income, at €169m, with the media – including television rights – second at €161m.

Ticket sales at the Camp Nou added €128m, while transfer fees brought in €53m and club memberships earned a further €19m.