Barça Vision weighs down Barça's accounts at the end of the 2023/24 financial year

The board of directors of FC Barcelona, ​​chaired by Joan Laporta, met last Monday at the club's offices and, after a long meeting, they approved the closing of the financial year of the 2023-24 season with a profit in the ordinary year of twelve million euros. However, the final result has been hampered due to extraordinary activity and the problem of Barça Vision, leaving a total of 91 million euros of losses.

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The board highlighted record sponsorship income of 210 million euros, in addition to a 72% increase in relation to 2018 in BLM's turnover, which reached an impressive mark of 110 million euros.

The club also highlighted the 80 million euros earned with the transfer of players such as Dembélé, Kessie, Nico, Abde, Chadi or Marc Guiu. However, the board of directors also stressed that the club has lost more than 100 million euros in revenue due to the move of the first team to Montjuïc due to the need to complete the works on the new Spotify Camp Nou.

Barça confirmed a reduction of up to 170 million euros in the wage bill, which has been reduced to just over 500 million, thus fitting into the parameters recommended by UEFA, in addition to a significant reduction in the expenditure and deficit of the club's professional sections.

Barça Vision, the club's big 'headache'

However, this good news in the ordinary year is not repeated in the extraordinary year, where the 'ordeal' of the club with Barça Vision has led the club to close the final year with losses of 91 million euros, a situation that the board has had to accept because it has been ordered to do so by Grant Thornton, auditors of the meeting.

All these figures must be approved by the club's delegated members at an Assembly that will be convened this week and will be held on the weekend of October 19 and 20.