sport news Barcelona suffer €481MILLION loss for last season

sport news Barcelona suffer €481MILLION loss for last season
sport news Barcelona suffer €481MILLION loss for last season
Barcelona suffer €481MILLION loss for last season with their revenue down by 26% and expenses hitting a record €1.14BILLION - as the financial turmoil at the cash-strapped Spanish giants is laid bare The dire financial position Barcelona find themselves in has been revealed  The club revealed that they lost more than £409m in the 2020-21 campaign The LaLiga giants' expenses rose by 19 per cent from €955m to €1.14billion 

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The dire financial position Barcelona find themselves in has been revealed with the club recording a €481million loss for last season.

It's no secret that the Catalan giants have been majorly struggling amid the coronavirus pandemic but the full extent of their problems has been disclosed.

The club revealed that they lost more than £409m in the 2020-21 campaign after revenue decreased and expenses increased.

Barcelona suffered a €481MILLION loss for last season with revenue down by 26 per cent

Barcelona suffered a €481MILLION loss for last season with revenue down by 26 per cent

Barcelona president Joan Laporta (R) also saw his club post €451m worth of debt by June

Barcelona president Joan Laporta (R) also saw his club post €451m worth of debt by June

The LaLiga outfit's revenue dropped by 26 per cent with just €631m compared to €855 million the season before as fans were shut out from games with the stadium unable to open, given the Covid crisis.

Barcelona are reliant on football tourism, with stadium tours a big money-spinner and revenue has

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