Football

Barca announce record revenues

FC Barcelona's Lionel Messi and Luis Suarez with teammates during training. Photo: Reuters

Barcelona returned record revenues of €679million during 2015-16, according to the club's financial results for the season.

The LaLiga champions released the figures on Monday, with the overall revenue mark "representing a substantial increase of the figure originally budgeted for this area".

Barca returned a net profit of €29m after tax and believe they are on course to hit the marks of a strategic plan that targets revenue of €1billion in 2021.

The strategic plan includes the "Espai Barca" renovation project for Camp Nou and its surrounding area.

Barcelona also announced the board have approved a one-year extension of their deal with main sponsor Qatar Airways.


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