12:17Barça closed the 2021/22 financial year with 1,017 million in revenue and 856 in expenses. “In the winter market we had to make an effort”, recalls Romeu to justify the increase in costs that were initially thought. He also explained that the value of sports is 750 million euros and without taking into account the effect of leverage, it will be 69% of the salary mass ratio.
12:11Income statement 2021/22 The operating result is 161 million euros and the net result, 98.
12:09Romeu remembers that some of the other clubs did not have the capacity to go out in the financial market and that is why they came together to join CVC. “We used this potential of the club and we reduced the duration of the agreement, from 50 to 25 years.” He also said that the cost of the operation is lower and that “there are qualitative improvements”. “No color,” added Romeu.
12:06Romeu recalled that the assignment of part of the TV rights corresponded to the matches of the men’s first team. The 10% stake was sold for 266 million euros, to Sixth Street. The club receives 207.5 million in cash because there is an option to buy back the rights. Sixth Street is 51% owned by a new partnership, Lockley, with the rest owned by the club.
12:03Edward Romeu He will also talk about the sale of part of the TV rights and Barça Studios. Remember that on Sunday the
Assembly of Compromising Members.
12:02The presentation begins by
Edward Romeu.
11:59Good morning from Mundo Deportivo and welcome to the press conference of
Edward Romeu,
vice-president of the economic area of FC Barcelona. Romeu will present the
economic closure of the 2021/22 season and of
budget for the 2022/23 season.
Source: La Verdad
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
