FC Barcelona Reports 304 Million Euro Net Profit for Fiscal Year 2022-23
Strong Financial Turnaround Despite Past Debt Crisis
Barcelona's Board of Directors announced on Thursday that the club has recorded a net profit of 304 million euros for the 2022-23 fiscal year, significantly exceeding the budgeted amount approved in the previous year.
This positive financial outcome marks a remarkable turnaround for Barcelona, which had previously faced a crippling debt crisis reaching billions of euros. The club's Economic Vice President Eduard Romeo attributed the improvement to significant cost-cutting measures and increased revenue from player sales and merchandising.
The announcement was met with optimism by Barcelona fans and stakeholders, who had been concerned about the club's financial health. The Members Assembly approved the settlement of the financial year with a majority of 376 votes in favor, 45 against, and 20 spoiled ballots.
Comments