Barca project record budget

Barcelona have released financial figures for the last season and confirmed a projected budget of over €500m for the first time.

Ahead of early October’s annual shareholders’ meeting, the Catalans have released figures detailing their financial status for the past season and for the coming year.

Of note is the club posting a projected revenue for the coming campaign at €509m and past the €500m mark for the first time in their history.

Barca have also confirmed that last year’s revenue came in at €491m, €21m more than was predicted.

Club spokesman Toni Freixa has attributed this as down to increased sponsorship contributions and money raised from Thiago Alcantara’s sale to Bayern Munich in the summer.

The results mean that the club have closed the last year with a surplus of €36m, after tax.

The club’s €509m budget for the coming year will be subject to approval at next month’s shareholders’ meeting.