Barcelona record losses of €481 million from last season – report

A recent report from Diario Sport has cited the data published 2Playbook this week, revealing the massive financial losses incurred by La Liga clubs, totalling a whopping hole of €802.7 million from the 2020/21 campaign.

Thanks to the lengthening pandemic, coupled with the absence of fans, and lack of revenue, Spanish clubs struggled to maintain their financial structure, with 26 of the 38 clubs registering losses last season.

Barcelona sit at the top with a net loss of around €481 million, which is 60% of the overall figure of losses from La Liga clubs.

Atletico Madrid had registered the second-highest amount of losses, standing at around €111 million. They are closely followed by Sevilla (€44 million), Real Betis (€41 million), Valencia (€31 million) and Athletic Club (€25 million).

The likes of Elche, Zaragoza, Granada CF and SD Eibar were one of the few clubs to secure profits.

Barcelona’s humongous financial toll is indicative of the crisis the club are experiencing at the moment. However, things are slowly improving under Joan Laporta, with the club mitigating some of the losses through player sales.

While La Liga still reduced Barça’s spending limit to a negative figure at the start of last month, many expect the Catalan giants to rectify those losses in the coming summer, thanks to various sponsorship deals and player sales.

Barcelona have already announced their partnership with Spotify, while Joan Laporta has confirmed talks with CVC over another lucrative deal that could help the club set back some of the losses.

In addition to sponsorship deals, the Blaugrana are expected to offload unwanted stars such as Philippe Coutinho, Antoine Griezmann and at least three other attackers, which could greatly help the club general a sizable revenue in the coming summer.