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Barcelona break €1billion revenue barrier in 2025/26, but Espai Barça continues to cost

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September 7 – Barcelona have broken the €1billion revenue barrier for the first time in the club’s history, with income for 2025/26 understood to have come in close to €1.1billion despite another season spent without full use of their Camp Nou home.

The club has so far only confirmed that ordinary revenue exceeded €1billion, with Spanish reports putting the final figure around the €1.1 billion mark. That would represent a healthy increase on the €994 million generated in the season prior, with Barça saying improved stadium income, further sponsorship growth and another record year for Barça Licensing & Merchandising were the main drivers behind the increase.

The increase in revenue came despite the club beginning the season without the 60,000-capacity Camp Nou return they had originally budgeted for. Home fixtures were instead split between the Johan Cruyff Stadium at their training ground, short-term home in Montjuïc and, later, a partially reopened Camp Nou operating at a maximum of around 42,000. The club had budgeted €1.075 billion in ordinary revenue for the 2025/26 season, which included around €50million of additional stadium income.

In addition to record-breaking revenue, Barça have said they recorded a positive ordinary result for a third consecutive season, but the final net figure has yet to be published. Spanish outlet Mundo Deportivo suggests that ‘extraordinary’ costs will still leave the club with a small overall loss.

That follows the recent pattern of Barcelona’s financial reporting – the club said it made a €2million ‘ordinary profit’ in 2024/25, but in reality finished the year with a €17million post-tax loss once all costs were accounted for.

At the club’s General Assembly on September 19th, members will vote on additional financing for the Espai Barça project, which centres on the renovated Camp Nou, as well as a separate bond programme backed by future audiovisual income as the urban development project continues to demand huge investment.

Spanish reports put the extra Espai Barça funding at around €500million. The club originally raised €1.45billion for the redevelopment and refinanced €424million of that debt last year.

Meanwhile the bond programme is set to be worth €210 million, split across two €105 million tranches.

Barcelona are also set to discuss further ways to capitalise on the rebuild at next week’s meeting, with members to vote on long-term agreements with Ohana Real Estate Development and Babylon Park Spain, covering a club-branded luxury residential project in Dubai and a family entertainment attraction at the stadium complex.

The club are reportedly budgeting revenue above €1.1 billion for the coming season, helped by a fuller season at Camp Nou with further increases in capacity.

Contact the writer of this story, Harry Ewing, at harry.ewing@insideworldfootball.com

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