20.02.2009 11:01
A profit of €15.9 million
Anna Segura
After the first six months of the season, FC Barcelona have announced that they have made a net profit of nearly €16 million.
Since July 2008, when the economic balance for last year was concluded, until December, Barça have
shown a profit of €15.9 million, a rise of 28.2 per cent on the previous season.
The Blaugrana vice-president, Joan Boix, the director of the economic department, Josep Anton
Colomer, and the corporate general director, Joan Oliver, presented the figures and explained how
they were reached.
Book keeping
During this six-month period, Barça have had an income of €186 million, while
expenditure has been €164.1 million, which leaves a profit of €21.9 million. When
financial expenses, totalling €6 million, is subtracted the net result is €15.9
million.
More than last year
Compared to the same period during the 2007-08 campaign, this year has seen a 12.4 per
cent rise in income. That is thanks, in part, to the new audiovisual contract, that will see the
club earn between €115 and €150 million, income from playing in the Champions League, a
new deal with Nike and the acquisition of the right of the Botiga del Barça.
Nike negotiations
During the press conference it was announced that the club is working on a new contract with
Nike. The current economic situation has mean that the club wants to redefine the rolls over the
management of the Barça club shops. It is area that has not been a priority for the Barcelona until
now, but as Joan Oliver explained they want to return to the initial situation where Nike manages
the operation “but with more favourable and different conditions for Barça”.
Expenses have risen by ten per cent in the first half of the season partly because the cost
of restructuring the playing squad, the investment in work on the Ciudad Deportiva sports complex
and the expenses of the Barça shop.
Major League Soccer
FC Barcelona quest to have a presence in the Major League Soccer (MLS) with a new franchise
is “very delicate and we are evaluating if the situation allows for the model planned to
implemented in Miami or not,” said Oliver. The corporate director general stated that the
club could always bid to enter the MLS when “there was not financial risk to the club.”
Stadium figures
Income from the stadium went down 3.2 per cent compared to last year and
Boix explained that the main reason for that was that the figures “from the low attendance
for the Gamper game”, Boix said. That match, in which every seat was on sale, was effected by
the fact that Pep Guardiola’s side had played their first match of the season in the
Champions League qualifiers only the week before.
There was an improvement in the Seient Lluire (Free seat) scheme to encourage fans to go to
the stadium and that had been positive. Oliver explained that the result for each match was
€73,300 net”.
Economic downturn
The current economic downturn around the world had also had an effect on FC Barcelona. Boix
said that “there have been less visitors to the Barça Museum, less renting of the
club’s facilities and less buying in the club shop”. For that reason the club thinks
that the new accord with Nike should include talks about the management of the club shop.
Oliver also recognised that the global economic problem had restricted the employment of
personnel. “Barça has stopped expanding the contracting of personnel at the current
time,” he said.
The second half
Detailing the factors that have occurred since December 31 that could have an
influence on the figures at the end of the season, Boix explained that the club have been obliged
to pay € 30 million to settle their issues with Soegcable, put aside €29.1 million
after filing an open lawsuit with AVS and TV3, as well as take on new sponsorship deals, like the
one with Etisalat.