Barca enjoys revenue hike 01/07/2010 |
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Barcelona has reported a 10 per cent jump in revenues to 445.5m Euros for last season.
The increase was down to rising income from marketing, player transfers and loans, and the sale of a plot of land.
However, the club also announced an 18 per cent rise in spending to 429m Euros, largely due to cash paid out to players in wages and bonuses which amounted to 305m Euros.
Net profit for the period was 9m Euros and debt rose to 326m Euros.
Barcelona said it earned 121m Euros from marketing, 25m Euros from the sale or loan of players and 15m Euros from the sale of a plot at Sant Joan Despi.
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