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ToggleBarcelona, the Richest Football Club in the World in 2024 (Updated)
The richest football club in the world, Barcelona, got some great numbers last season, hitting an all-time high with a huge revenue and beating the budget goal.
How much is Barcelona revenue in 2024?
Barcelona got €1.259 million revenue in the 2022-2023 season, which is 24% more than from last year.
Barca got €399 million by selling TV rights, €351 million from commercials, €28 million from stadium.
As about expenses, they went up by 36%, reaching €1.165 million, as planned. Player wages went up, and non-football salaries increased by 9% to match our rising income.
So, let’s break these numbers down and have a closer look at the Barcelona financial season!
Barcelona Operating Revenue in 2022-2023 Season
Barcelona’s financial game this season has been like a nail-biting football match with lots of twists and turns. The team closed the 2022/23 season with increased numbers, setting a record-breaking €1.259 million and keeping the title of the richest football club in the world!
That’s 24% (€242 million) more than last year, surpassing the budget goal of €1.255 million.
The coolest part? Barcelona €399 million by selling the TV rights of Barcelona’s La Liga matches.
Now, let’s talk about other revenue sources. Camp Nou stadium revenue shot up by 74%, being €28 million, compared to the previous season, making this season the best ever in terms of earnings from the stands.
Barcelona’s commercial game was on fire, bringing in a record €351 million! Huge shoutout to Spotify, the main sponsor, for adding almost €200 million to the budget. What about the merchandise sales, it hit €100 million for the first time – talk about a win for the fans!
But, there was a bit of a slip-up with TV rights – a 14% drop compared to last year. It’s due to a deal signed in the summer of 2022 and Barcelona’s exit from the Champions League group stage, costing the team €23 million.
Transfers and loans weren’t as high as last season, but still a decent €20 million.
Overall, it’s been an effective financial season for Barça.
Barcelona Operating Expenditure in 2022-2023 Season
Barcelona’s operating expenses have increased by 36% from €856 million to €1.165 million. Let’s break down the reasons behind this surge:
Firstly, the wage bill, covering salaries and other expenditures on players, went up because of changes in the first men’s football team. New players joined, and some big names left, resulting in a total wage bill of €676 million—3% more than what we planned.
Non-sporting salaries increased by 9% to meet the demands of the rising ordinary revenue, supporting the team on and off the field.
Management costs went up by €74 million due to services required to generate the revenue we just talked about.
Lastly, other expenses shot up by 76%. The departure of some legendary players brought transfer losses and special expenses. Also, Barcelona faced challenges from accelerating the pending depreciation of Camp Nou facilities, part of the accounting process related to stadium renovations.
In summary, while Barcelona operating expenses saw a notable increase, it’s all part of the game plan to ensure the team’s success on the field and financial stability for the future.
Barcelona Financial Objectives for 2023-2024 Season
During this season, Barcelona expects 859 million EURO revenue, which is 400 million EURO less than in 2022/23.
It’s also due to the temporary relocation of the club to the Lluïs Companys Olympic Stadium, which will decrease the stadium revenue for 78 million revenue.
Expenses are also planned to be less, 832 million EURO, which is 331 million EURO less than in the 2022/23 season.
With all this, Barcelona expects a decrease in operating profit as well, 27 million EURO (67 million EURO less).
So, how much will Barcelona revenue be in the 2023-2024 season?
Barcelona expects €859m in income for the 2023-2024 season, which is 400 million EURO less than in 2022-2023 season.
Conclusion
Barcelona remain the richest football club in the world, since 2022. The 2022-2023 season saw a historic revenue surge, with a record-breaking €1.259 million. Despite a slight setback in TV rights due to a deal and an early Champions League exit, the club’s financial playbook remains strong.
Also operating expenses rose by 36%, reaching €1.165 million. This increase, however, is a strategic move to strengthen the team, with higher player wages and essential non-football costs. While some legendary players left, and stadium renovations caused extra expenses.