The Barcelona, king of the losses
LaLiga presents the financial report for the 2020-2021 season. The azulgrana team represents 58% of the total losses. The most in Europe.
The situation
LaLiga has published its financial report for the 2020-2021 season (last one) and it shows the great impact that COVID has had on club accounts. Income fell to 3,818 million euros and the net result between the First and Second clubs is settled with losses of 892 million. The protagonist of this last concept is Barcelona, which reigns in this category, in a negative way, representing almost 60% of them. Barcelona is once again proclaimed champion of losses in LaLiga. The economic report presented by LaLiga reflects that only a single club in the competition concentrates 58% of the losses at the EBIT level (earnings before taxes). The reason, and for what is known to be Barcelona, said club being public, is in the 250 million euros of provisions that were reflected as losses. And this amount is almost half of the total that it has registered. Since Barcelona finished with losses of 481.Qualifying in the next edition of the Champions League has meant not increasing the problems of the Barça club, whose economic situation is delicate, since they still have to redirect their salary limit (it is negative) and in their budgets they pointed to the sale of Barcelona Studios and has not yet been carried out. It is the club with the most losses in all of Europe; PSG, with some 250 million euros, is one of those who would be ‘closest’.
The details
Hence, the numbers presented have been more negative. Total income fell by 24.1%, to 3,818 million euros, when before the disease they stood at 5,000.In LaLiga it was not expected that this level would be recovered until the 23-24 season. In the 22-23 (the next one to be played) the scenario that is handled is that there are no losses in the Spanish competition as a whole. In fact, this is the year with the highest losses in the history of LaLiga and it has not had a negative result since the 12-13 season.