Economic strength: stability to keep moving forward

When the current mandate began its term in 2021, the Club was facing a highly complex financial situation. The effects of the COVID-19 pandemic had severely impacted the club's financial statements, causing a drastic reduction in recurring revenue in the 2020/21 and 2021/22 seasons and exacerbating a structural imbalance: the Club's ordinary income was insufficient to cover its expenses.

With an economic model that was no longer sustainable, the new Board of Directors activated a viability plan focused on restoring operating profitability, financial balance, and competitiveness. This plan has been developed rigorously and ambitiously, already yielding tangible results in various areas.

Revenue: Recovery and Historic Growth

The first objective was to recover ordinary income to pre-pandemic levels. This milestone was achieved in record time: in the 2022/23 season, 95% of the recurring income from the 2018/19 season was already exceeded, breaking the all-time record for ticketing revenue, with €229 million generated from the Estadi.

This trend has been maintained thanks to a significant effort in the commercial area, initiated with the signing of the strategic agreement with Spotify, which became the Club's main partner, also acquiring the naming rights for the Stadium, and consolidated with a historic sponsorship record for the 2023/24 season.

Likewise, Barça Licensing & Merchandising (BLM) has registered exponential growth, based on an ambitious commercial expansion plan with the opening of 12 new stores nationwide starting in 2021/22. This boost has driven BLM's revenue to €131 million for the 2023/24 season, a figure significantly higher than the €89 million recorded in the 2018/19 season.

All this, despite the provisional status of playing at the Estadi Olímpic Lluís Companys. In fact, the 2024/25 season is expected to have a record-breaking recurring revenue, thanks to the sharp increase in commercial revenue (+€92 million) and the signing of the new contract with Nike.

Expenses: Rigor, Containment, and Sustainability

In parallel with its revenue-generating efforts, the Club has developed a clear policy of structural cost reduction and sustainable spending.

The sports salary bill has been significantly reduced: the forecast for the 2024/25 season is €90 million less than the 2020/21 season, a reduction that has been made without affecting the squad's competitive potential. This has been key to restoring compliance with Financial Fair Play and providing the Club with a more sustainable and balanced salary structure.

Regarding operating expenses, the temporary move to Montjuïc has required adapting structures and processes, but the Club has managed to keep them under control, with a cumulative increase of 12.9% between 2021 and 2024, a figure significantly lower than the general inflation rate for the period (18.9%).

This set of measures has allowed the Club to embark on a path of financial recovery, with a progressive reduction in net debt, which has fallen by 12% between June 2021 and June 2024.

A robust and proven economic model

Today, FC Barcelona has a more balanced, modern and growth-oriented economic structure. Commercial income is growing strongly, the Barça brand is once again generating confidence and the implementation of a responsible management model has allowed it to regain a solid base to continue moving forward.

Economic solidity is, at this point, a key asset to sustain the Club's sporting ambition and guarantee its long-term viability, without having to compromise its ownership model or make the effort fall on the members.