Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Record earnings for Barca

30 July 2014, 07:30

Barcelona - Barcelona have reported a record income of €530 million over the past year and made a profit of €41 million, 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 €44 million to stand at €287 million as of June 30.

Faus said that since he took up his post in 2010 the club's debt had been reduced by €143 million 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 €169 million, with the media — including television rights — second at €161 million.

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

The largest cost was salaries, at €286 million — 254 million of which went to the players.

Faus said he was particularly pleased with the club's performance in terms of its earnings before interest, taxes, depreciation and amortization (EBITDA) — at €134 million.

- AP


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...