Barca income to exceed 500 million euros for first time

BARCELONA Tue Sep 17, 2013 5:10pm IST

Barcelona's Lionel Messi and teammates take part in a training session at Ciutat Esportiva Joan Gamper in Sant Joan Despi near Barcelona, September 17, 2013. REUTERS/Gustau Nacarino

Barcelona's Lionel Messi and teammates take part in a training session at Ciutat Esportiva Joan Gamper in Sant Joan Despi near Barcelona, September 17, 2013.

Credit: Reuters/Gustau Nacarino

BARCELONA (Reuters) - Barcelona's revenue is projected to rise to 509 million euros this season, the Spanish champions said on Tuesday, making the club only the second to cross the half-billion threshold after arch rivals Real Madrid.

Income for the 2013-14 campaign will be boosted by extra cash from sponsorship deals, as well as the sale of Spain midfielder Thiago Alcantara to Bayern Munich, Toni Freixa, a spokesman for the Barca board of directors, told a news conference.

The club were targeting a post-tax profit of 36 million euros, he added.

"This is not a message of triumph, since it is still difficult to manage the club and we have to continue the policy of austerity," Freixa said.

Real and Barca are soccer's richest clubs by income, according to the latest ranking by accounting firm Deloitte published in January.

Real earned more than 500 million euros for a second consecutive season in 2012-13, with revenue rising 1.3 percent to 520.9 million, the club said this month.

They made a net profit of 36.9 million euros, up from 24.2 million the previous campaign.

Freixa added that the construction of a new Nou Camp stadium or the renovation of the existing arena was under review.

(Reporting by Braden Phillips, editing by Justin Palmer)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

INDIAN SUPER LEAGUE

REUTERS SHOWCASE

Injury Woes

Injury Woes

Rohit Sharma ruled out of England one-day series  Full Article 

Ronaldo Speaks

Ronaldo Speaks

Overworked Ronaldo claims he is close to best.  Full Article 

Bellis Out

Bellis Out

Tennis - Dream run over for Bellis as big guns advance.  Full Article 

Soccer Update

Soccer Update

Soccer - Gomez, Reus called up for Germany matches.  Full Article 

Deal Sealed

Deal Sealed

Bayern complete two-year deal for Real's Alonso.  Full Article 

Rosberg Apologises

Rosberg Apologises

Rosberg apologises, disciplined for crash  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage