FC Barcelona has suffered a record loss of 481 million euros in the 2020/2021 season.

The Spanish superpower partly attributes the large deficit to the corona crisis, although the club of coach Ronald Koeman also spent more than 1 billion euros for the first time.

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As a result of the record loss, FC Barcelona had a negative equity of 451 million euros at the end of the financial year on June 30.

In addition, the club still has a bank debt of 533 million euros.

It had been clear for some time that FC Barcelona had no money to make due to financial mismanagement and the corona crisis.

Last week it became clear that the 26-time national champion was only allowed to spend 97 million euros on salaries from La Liga this season due to a sharp drop in turnover.

Last season that was still more than 382 million euros.

The published annual report shows that FC Barcelona has lost 224 million euros in turnover compared to last season: 855 million euros, compared to 631 million euros.

According to the club, 92 million euros of the loss of turnover is due to the corona crisis.

Otherwise, the loss amounted to 390 million euros.

Last season FC Barcelona was still 97 million euros short.

Strikingly enough, the costs of FC Barcelona have risen sharply during the corona crisis: from 955 million euros to a record amount of more than 1.1 billion euros.

The club does not say how expenses could have increased so much.

During the corona crisis itself, 125 million euros were saved on salaries.

Partly due to the financial malaise, FC Barcelona was unable to extend Lionel Messi's expiring contract last summer after 21 years.

The Argentine top player left for Paris Saint-Germain.

Coach Koeman was only able to strengthen himself in the transfer market with transfer-free players, including Memphis Depay, Luuk de Jong and Sergio Aguero.

FC Barcelona figures for the 2020/2021 season

  • Result: -481 million euros

  • Turnover: 631 million euros

  • Expenditure: 1.1 billion euros

  • Equity: -451 million euros

  • Bank debt: 533 million euros

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