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    Barcelona post £86m profit for last financial year

    Michael RightBy Michael RightSeptember 20, 2022No Comments1 Min Read
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    Raphinha joined Barcelona from Leeds on 15 July
    Raphinha joined Barcelona from Leeds on 15 July
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    Barcelona recorded a profit of £86m for the last financial year and expect to make a £240m profit next year, the club has announced.

    This summer the Spanish club were unable to register new players because of La Liga financial regulations having made a loss of £422m the previous year.

    However, they freed up funding with several ‘economic levers’.

    The club said it closed the 2021-22 financial year with a turnover of £890m.

    • Lewandowski fires blank as Bayern beat Barcelona

    Financial restrictions meant there were delays in registering new signings including Robert Lewandowski and Raphinha this summer.

    The ‘levers’ have involved selling shares of their future television rights and their media production unit Barca Studios.

    In August, they sold an additional 24.5% of Barca Studios to Orpheus Media for 100m euros (£84.6m) – this was expected to generate enough revenue to satisfy La Liga and allow Barca to register at least some of their new players.

    Barcelona are second in La Liga on 16 points after six games, two points behind Real Madrid.

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    President Bola Tinubu has appointed Wasiu Olanrewaju-Smart as special adviser to the president on matters in the House of Representatives.

    Tinubu appoints Olanrewaju-Smart as special adviser on House of Reps matters

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    Neymar tests positive for COVID-19, Santos say

    Neymar scores brace, mocks critics on Santos return

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    Hamza Al-Mustapha speaking to journalists while rejecting claims about former military ruler Sani Abacha's death.

    Al-Mustapha: Abacha didn’t die during sex, I have CCTV footage

    July 26, 2026
    Anthony Joshua punches Kristian Prenga during their heavyweight fight, rallying from two first-round knockdowns to secure a second-round knockout victory and extend his record to 30-4.

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