Barcelona's Camp Nou Stadium's empty stands during the coronavirus pandemic was one of the major ... [+] reasons the club reportedly posted big financial losses last season. Photo by Xavier Bonilla/NurPhoto via Getty Images NurPhoto via Getty ImagesFC Barcelona posted a €100 Million pre-tax loss last season, according to the Financial Times, showing that even the most valuable soccer clubs in the world have been hit hard by the coronavirus pandemic. The Catalans ranked second among soccer teams, behind rival Real Madrid, and 8th among all world sports teams with a $4.02 billion value, per Forbes’ July valuations. But the club’s €855 million in revenue was down 14% from the previous year, per the report, with net debt on June 30 increasing from €217 million to €488 million. Barcelona’s revenue next season is expected to fall to €791 million this season, per Financial Times, but that figure is based on fans expected to return to La Liga stands in December.
Source: Forbes October 05, 2020 16:41 UTC