Thursday, July 20, 2017
BARCELONA ANNOUNCE RECORD REVENUE FOR 0162017.
The Spanish giants Barcelona have announced a record in revenue for the year 2016/2017. It was 708 Million Euros, or 812 Million Dollars. For the year 2016/2017. And after tax there was profit of 18, million Euros.
Barcelona also said the healthy revenue was up 13, thirteen million pounds, on the forecast figures in their budget for the same period.
The club also reduced its debt by 24. 5 million pounds total debt is 247, million pounds.
Barcelona spent 66 percent of the income on the salaries of their famous footballers, according to the bylaws of Barcelona , the club can only spend 75 percent on players salaries.
And as everything is going to plan , Barcelona plan to reach 1 , one Billion Euros by the year 2021.
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