Spain’s FC Barcelona football club reports a post-tax profit of 41 million Euro
Spain’s FC Barcelona football club reports a post-tax profit of 41 million Euro 2013/2014 fiscal year as well as the highest income in their history, totalling 530 million Euros. According to an announcement by vice-president for finance Javier Faus, over the past four years, Barcelona have accrued 113 million Euros in profits and reduced their net debt of 431 millions in 2010 by 143 million Euros – down to the current 287 million Euros. The negative equity of 62 million Euros which existed in 2010 is now positive at 50 millions. The Catalan club, presenting its balance sheet for 2013/14, registered its third consecutive year without recording a loss and increased on the net profit of €32 million generated in the 2012/13 season by 21 percent. The last year that the club registered a loss was in 2010/11, to the tune of €9 million.
This article was republished with permission from the editor and publisher of the Sport Intern, Karl-Heinz Huba.