Record profit of 40 million euros

UberNjufer

New member
good to hear,100 mil. in 2 years while spending money on new players.Impressive,if only Sandro could reduce some trash talk that we witnessed recently coming from him he would be perfect
 
M

mitkoa7x

Guest
good to hear,100 mil. in 2 years while spending money on new players.Impressive,if only Sandro could reduce some trash talk that we witnessed recently coming from him he would be perfect

And defend us, and bring back UNICEF back on the chest.
 

ratburger

New member
Anybody heard anything about the La Liga TV rights sale? Was supposed to take place in June, but I haven't heard anything about it yet. It seems in April, the Spanish TV stations threatened to reduce how much they pay for the rights substantially. http://www.bloomberg.com/news/2012-...eague-fights-tv-rules-to-keep-superstars.html

Meanwhile, the EPL national rights are going up 64% starting in 2013/14, with the overseas rights also expected to skyrocket. Depending on exactly how much those overseas rights increase, the top PL teams might soon be receiving as much TV money as Barca/Real, even though the PL distributes it's money fairly equitably, while the Spanish duo soaks up nearly half of La Liga's TV revenues, to the detriment of the other teams and the league as a whole.
http://swissramble.blogspot.ca/2012...un-always-shines-on.html?utm_source=BP_recent
 

AvocadoCake

New member
Rosell stated that this year’s surplus will be allocated to paying down the Club’s debt. The president said that when the current Board of Directors started to manage the Club, the outstanding debt stood at 420 million euros. Two years later, the debt has been reduced to 320 million euros.

This is great. If in two years we eliminated 100m (wow) then imagine us in a decade's time (assuming we'd be debt free), then more of this money will go into transfers and youth/facility development. :worthy: :rosell: :worthy:
 
Last edited:
F

Flavia

Guest
Surplus of 48.8 million euros in the 2011/12 season, highest figure in Club history

WWW.FCBARCELONA.CAT 07/20/2012 12:40
After two seasons in the red, the Club closed out the 2011/12 season with a record surplus, according to economic vice-president Javier Faus

During the 2011/12 season the Club made 494.9 million euros (21.5 more than the previous year) and spent 441.1, reducing costs by 30 million from the 2010/11 season

The total debt, which once stood at 420 million euros two years ago, has been reduced to 335 million


FC Barcelona closed out the 2011/12 season with a historic surplus: 48.8 million euros. This Friday, economic vice-president Javier Faus said the Club made 494.9 million euros and reduced its expenses to 441.1 million. Compared to last season, the Club ended the year with a surplus of 21.5 million and spent 31.5 million less - figures that exceed last year’s budget forecasts. Faus noted that these spectacular results - which are largely due to cutting back on spending - were achieved without having to sell Club assets or first-team players. In addition, investments in players (Cesc and Alexis) surpassed the Board’s business plans and revenue forecasts.

In terms of revenue, both marketing and revenue streams related to the Camp Nou increased by 11%. “Ticket sales have been spectacular,” said Faus on this past season’s attendance. However, the vice-president admitted that Media revenue, tied specifically to television rights, “have topped out and we don’t expect an increase in the next five years.”

Saving money on variables, bonuses

In terms of costs, the Club reduced its spending by 6.6% from the previous year. Faus stated that the change from last year is largely due to the fact that the team did not win the Liga, if the team had won the Liga the Club would have had to pay out 12 million euros in bonuses. “If we had won the Liga the overall surplus would have been 36 million euros and it still would have been the best end-of-year figure in the history of the Club,” he said after noting that “it’s not true that Barça saved itself 50 million euros for not winning the Liga.”

Saving money on variables was one of the ways the Club reduced its costs in the 2011/12 season, but not the only one. Other factors contributed to the Club’s end-of-year positive figures, like improvements in Ticketing - “50 million euros, the highest in the history of the Club,” said Faus -, Nike and FCB Megastore sales, outsourcing Barça TV, the sale of Maxwell, capital from other sales of players, youth team players’ rights and loaning out players, amongst other things. In terms of losses, the main negative impact on the Club's finances was rescinding Keirrison, Hleb and Henrique’s contracts.

Net salaries, stable

The athletic salary budget, including all of the Club’s sports teams, has been slightly reduced to 298 million euros, which is in line with the stability forecast of the last three years. “It’s complicated to reduce this figure further, we’re working to maintain stability,” said Faus, who is satisfied because the almost 300 million euros situate the Club’s expenditure ratio (61%) very close to the optimal level of the sector (55%).

Just as President Sandro Rosell said in his end-of-year review, the Club will use the surplus to pay down the debt, which has been reduced from 365 to 335 million euros as of June 30, 2012, according to independent audits. The Club’s debt has been reduced by nearly 100 million euros over the past two years.
 

jamrock

Senior Member
I like to remind myself that this is rosell's version of debt and not the internationally accepted version

http://swissramble.blogspot.com/201...-barcelona-and-real.html?utm_source=BP_recent

"When reading reports on how much Barcelona and Real Madrid owe, it’s not quite a case of “don’t believe what you read”, but you do need to understand what any analysis is actually referring to, because, as we have seen, debt has many different definitions."
 

Home of Barca Fans

Top