Source: Barcelona – DBA
Barcelona’s football club is threatened with a financial loss of more than 100 million euros, in light of the stoppage of sports activity in Spain due to the outbreak of the Corona virus emerging (Covid 19).
The Spanish newspaper “Marca” revealed that Barcelona fears a heavy financial loss that may reach 10% of the club’s total budget for 2019-2020, due to the stoppage of television broadcasts and match revenues, which prompted the Catalan team management to reduce the salaries of its players temporarily.
The newspaper report revealed that revenue from the sale of tickets for Barcelona matches last season amounted to 93.3 million euros, an average of 3.3 million euros for each match held at the “Camp Nou” stadium, the stronghold of the team that has more than 98 thousand spectators.
“Marca” added that if the Spanish league and Champions League matches continue to be suspended, Barcelona may lose 26.4 million euros if they qualify for the semi-finals in the continental competition, in addition to losing 22.5 million euros ascending bonus to the Champions League golden box granted by the European Football Association and another amount € 10.5 million, as well as the loss of television broadcasting revenue.
The newspaper pointed out that Barcelona may face a decline in its revenue related to merchandise sales, its football schools around the world and tickets to the museum.
And increased: estimates indicate the loss of 15 million euros from the income generated by the museum, which brought in 60 million euros last season, and Barcelona officials are looking to reduce salaries by saving 106 million euros in order to cover these losses.