8th October 2025
October 8 – Barcelona’s latest financial report shows the Catalan giants posting a post-tax loss of only €17 million ($19.8m) for the 2024–25 season, a big reduction from the €91 million posted for the 2023-24 period. While this is the second consecutive year of losses, revenue is soaring.
With Nike’s long-term deal, merchandise flying off the shelves, a deep run in the Uefa Champions League, and sell-out crowds at the Olympic Stadium, Barca revenue rose to €994m ($1.16 billion), up €100 million on the previous year.
While this figure is impressive, there is a rather large elephant in the room but it is looking increasingly friendly, namely the renovation of the iconic Spotify Camp Nou. The redevelopment, a cornerstone of President Joan Laporta’s “Espai Barça” project, has transformed the club’s finances into a high-wire act between progress and prudence.
When the Camp Nou finally comes online at full capacity, it is expected to inject an extra €50 million ($58m) into next season’s accounts and push total revenue to record levels above the €1 billion mark for the first time.
Construction loans and interest payments have piled pressure on the balance sheet, and for a club that often broke records with lavish transfer spending, every euro now counts.
Laporta and sporting director Deco must now operate to balance the books with the La Masia academy a financial lifeline as it continues to produce world-class players. A couple more Lamine Yamal’s and the Camp Nou will be paid off!
The club insists this latest loss represents “consolidation” rather than crisis.
Despite not being at the Nou Camp, the club still reported a €39 million increase in match day revenues while sponsorship climbed to an all-time high of €259 million. The club said its new €1.7 billion, 14-year, Nike contract led the increase.
Merchandising weighed in with a 55% increase to €170 million with the international expansion of the club’s e-commerce, which now operates in more than 170 countries.
The revaluation of Barça Productions, now at €178 million, and the sale of the new hospitality offer under the PSL (Personal Seating Licenses) model, €70 million+, while outstanding financial fair play breaches with UEFA were settled with a €15 million fine.
The club managed a signficant reduction in debt to €469 million, €90 million less than the previous financial year. Key to cost control has been wage control. Wages now account for 54% of revenue and keeps Barca well within UEFA financial fair play limits.
Sponsorships and merchandising have reached record figures, consolidating the Club’s international projection, as demonstrated by the growth of Barça’s YouTube channel, which is now the sports organisation with the most subscribers globally, over 24 million, and achieving record audiences, such as during the recent Gamper Festival, with 9.7 million unique users.
“The reduction in debt and wage control place Barça in a strong position to face the new season, with a budget exceeding €1 billion in ordinary revenue and a forecast to maintain positive results for the third consecutive year,” said the club.
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