Overview

• Annual revenue rose to €994 million, up €100 million year over year, credited to a new Nike deal, stronger merchandising, improved on-field results and larger crowds at the Olympic Stadium.
• Management forecasts revenue topping €1 billion next season, with the renovated Spotify Camp Nou projected to add about €50 million.
• Back-to-back post-tax losses totaled €108 million across 2023/24 (€91 million) and 2024/25 (€17 million) despite the revenue rebound.
• Recent financial swings followed a pandemic-hit loss of €481 million in 2020/21 and subsequent profits of €98 million and €304 million boosted by sales of future broadcast-rights percentages.
• Separately reported figures indicate more than €115 million in transfer payables remain outstanding, including amounts due for Raphinha, Robert Lewandowski and Jules Koundé.