The plan to go from ordinary bleeding to profit, in numbers

Naa Ordinary general meeting on Saturday 21st (10 am), FC Barcelona The liquidation of the 2022-23 financial year and the budget for the 2023-24 season will be put to the vote of the members of the committee, which is in its second quarter, with a marked obligation to balance the income and expenses after saving the ‘ levers’ the past course. The 204 million in net income for the year came largely from the 399 million related to the sale of 15% of the rights of The league for the next 25 years Sixth Street in July 2022 and the 208 ‘kilo’ calculated as extraordinary income of which the club has a value of 51% of Barça Studios after selling the remaining 49% for 200. Hence the reversal of the 330 million ordinary losses is a requirement for Barçawhich proposes a budget with a surplus of 11 ‘kilo’ before tax.

To do this, without the sale of assets, the expected income will go from 1,259 last season to 859, while the reduction of expenditure is essential to achieve the goal. The club has plans to bring it down from 1,165 million to 832, i.e. 333 ‘kilos’ less, after last year’s increase to 1,065 expected due to the increase in the sports wage bill (from 656 to 676) due to -player departures, the non-sports wage bill (from 61 to 64 due to the opening of new stores and the effect of inflation), management costs (from 244 to 255 due to those derived from generating income in Barça Licensing and Merchandising (BLM) and the Seient Lliuredoes not exist in 2021-22, and the losses due to the departure of players with exceptional costs (from 104 to 171, including contracts beyond 2022-23 as Samuel Umtiti, Jordi Alba, Nikola Mirotic and Cory Higgins).

The salary adjustment plan in all teams except women’s football should lead to a reduction in the wage bill by 27% (from 676 to 492, that is, 57% of the 859 in the budget), something that has been applauded of the league, and to a lesser extent (3%) of non-sports salaries (from 64 to 62). The loss of the aforementioned extraordinary amounts and the exclusion of provisions and proceedings that were not expected this season and existed last season will reduce said costs from 171 to 72, while the viability plan to improve internal efficiency and more low cost of exploitation of Olympic Stadium Compared to him Spotify Camp Nou Management costs will drop from 255 to 205.

The effect of exile in the Olympic Stadium

The revenue forecast establishes a decrease of 78 million (from 229 to 151) due to the transition to Montjuic after record profits in history at Camp Nou. To compensate for this, 28 more ‘kilos’ are planned to Champions (it is budgeted to reach 1/4) after falling in the group stage a year ago and 27 more in the commercial area (from 351 to 378) with more sponsorship and the diversification and expansion of the business of BLM. Furthermore, the club has almost reached 65 million in revenue from transfers and assignments in these three or so months.