• Thu. Oct 22nd, 2020

News24.com | Barcelona blame coronavirus for €97 million loss

News24.com | Barcelona blame coronavirus for €97 million loss
Lionel Messi of FC Barcelona shows his disappointment during the Liga match between FC Barcelona and CA Osasuna at Camp Nou on July 16, 2020 in Barcelona, Spain.

Lionel Messi of FC Barcelona reveals his disappointment all around the Liga match between FC Barcelona and CA Osasuna at Camp Nou on July 16, 2020 in Barcelona, Spain.

Barcelona lost €97 million ($114.3 million) closing season resulting from the coronavirus pandemic, primarily primarily based on the financial results provided by the Catalan club on Monday.

“The consequences of Covid-19 mean that now we indulge in €200 million less in income, procure losses which quantity to €97 million and that we originate no longer indulge in the €11 million in income that we forecast,” said Jordi Moix, some of the club’s vice-presidents.

Barcelona had budgeted €1.047 billion in income for the 2019/2020 season, however the pandemic meant that they most enthralling earned €855 million, €203 million down on expectations.

Confronted with the topple in income, the club tried to diminish its funds, managing to assign €74 million.