After two seasons in the red, the Club closed out the 2011/12
season with a record surplus, according to economic vice-president
Javier Faus.
During the 2011/12 season the Club made 494.9 million euros (21.5 more than the previous year) and spent 441.1, reducing costs by 30 million from the 2010/11 season.
The total debt, which once stood at 420 million euros two years ago, has been reduced to 335 million.
FC Barcelona shut down out your 2011/12 period using a traditional extra: forty-eight. 7 thousand local currency. This specific Comes to an end, economical vice-president Javier Faus mentioned the particular Pub produced 494. being unfaithful thousand local currency and also lowered it is expenditures to be able to 441. a single thousand. In comparison to previous period, the particular Pub concluded the season using a extra regarding 21 years old. a few thousand and also expended 31st. a few thousand fewer ~ statistics that will go over previous year’s price range estimations. Faus observed the particular amazing final results ~ which can be mainly as a result of lowering in wasting ~ have been attained and never have to offer Pub property or perhaps first-team participants. In addition , investments in participants (Cesc and also Alexis) overtaken the particular Board’s enterprise strategies and also earnings estimations.
With regards to earnings, the two promotion earnings fields relevant to the particular Campy Nou elevated simply by 11%. “Ticket revenue are already amazing, ” mentioned Faus about this earlier season’s work. But the particular vice-president publicly stated that will Mass media earnings, tied up specifically to tv set privileges, “have lead out there and that we seldom assume an increase in another several yrs. ”
Saving money on variables, bonuses
In terms of costs, the Club reduced its spending by 6.6% from the previous year. Faus stated that the change from last year is largely due to the fact that the team did not win the Liga, if the team had won the Liga the Club would have had to pay out 12 million euros in bonuses. “If we had won the Liga the overall surplus would have been 36 million euros and it still would have been the best end-of-year figure in the history of the Club,” he said after noting that “it’s not true that Barça saved itself 50 million euros for not winning the Liga.”
Saving money on variables was one of the ways the Club reduced its costs in the 2011/12 season, but not the only one. Other factors contributed to the Club’s end-of-year positive figures, like improvements in Ticketing – “50 million euros, the highest in the history of the Club,” said Faus -, Nike and FCB Megastore sales, outsourcing Barça TV, the sale of Maxwell, capital from other sales of players, youth team players’ rights and loaning out players, amongst other things. In terms of losses, the main negative impact on the Club’s finances was rescinding Keirrison, Hleb and Henrique’s contracts.
Net salaries, stable
The athletic salary budget, including all of the Club’s sports teams, has been slightly reduced to 298 million euros, which is in line with the stability forecast of the last three years. “It’s complicated to reduce this figure further, we’re working to maintain stability,” said Faus, who is satisfied because the almost 300 million euros situate the Club’s expenditure ratio (61%) very close to the optimal level of the sector (55%).
Just as President Sandro Rosell said in his end-of-year review, the Club will use the surplus to pay down the debt, which has been reduced from 365 to 335 million euros as of June 30, 2012, according to independent audits. The Club’s debt has been reduced by nearly 100 million euros over the past two years.
About the Author:
Article Source:http://www.pureassnow.com/–FC Barcelona: Excess associated with forty eight. eight mil pounds within the 2011/12 time of year, maximum estimate soccer club historical past
During the 2011/12 season the Club made 494.9 million euros (21.5 more than the previous year) and spent 441.1, reducing costs by 30 million from the 2010/11 season.
The total debt, which once stood at 420 million euros two years ago, has been reduced to 335 million.
FC Barcelona shut down out your 2011/12 period using a traditional extra: forty-eight. 7 thousand local currency. This specific Comes to an end, economical vice-president Javier Faus mentioned the particular Pub produced 494. being unfaithful thousand local currency and also lowered it is expenditures to be able to 441. a single thousand. In comparison to previous period, the particular Pub concluded the season using a extra regarding 21 years old. a few thousand and also expended 31st. a few thousand fewer ~ statistics that will go over previous year’s price range estimations. Faus observed the particular amazing final results ~ which can be mainly as a result of lowering in wasting ~ have been attained and never have to offer Pub property or perhaps first-team participants. In addition , investments in participants (Cesc and also Alexis) overtaken the particular Board’s enterprise strategies and also earnings estimations.
With regards to earnings, the two promotion earnings fields relevant to the particular Campy Nou elevated simply by 11%. “Ticket revenue are already amazing, ” mentioned Faus about this earlier season’s work. But the particular vice-president publicly stated that will Mass media earnings, tied up specifically to tv set privileges, “have lead out there and that we seldom assume an increase in another several yrs. ”
Saving money on variables, bonuses
In terms of costs, the Club reduced its spending by 6.6% from the previous year. Faus stated that the change from last year is largely due to the fact that the team did not win the Liga, if the team had won the Liga the Club would have had to pay out 12 million euros in bonuses. “If we had won the Liga the overall surplus would have been 36 million euros and it still would have been the best end-of-year figure in the history of the Club,” he said after noting that “it’s not true that Barça saved itself 50 million euros for not winning the Liga.”
Saving money on variables was one of the ways the Club reduced its costs in the 2011/12 season, but not the only one. Other factors contributed to the Club’s end-of-year positive figures, like improvements in Ticketing – “50 million euros, the highest in the history of the Club,” said Faus -, Nike and FCB Megastore sales, outsourcing Barça TV, the sale of Maxwell, capital from other sales of players, youth team players’ rights and loaning out players, amongst other things. In terms of losses, the main negative impact on the Club’s finances was rescinding Keirrison, Hleb and Henrique’s contracts.
Net salaries, stable
The athletic salary budget, including all of the Club’s sports teams, has been slightly reduced to 298 million euros, which is in line with the stability forecast of the last three years. “It’s complicated to reduce this figure further, we’re working to maintain stability,” said Faus, who is satisfied because the almost 300 million euros situate the Club’s expenditure ratio (61%) very close to the optimal level of the sector (55%).
Just as President Sandro Rosell said in his end-of-year review, the Club will use the surplus to pay down the debt, which has been reduced from 365 to 335 million euros as of June 30, 2012, according to independent audits. The Club’s debt has been reduced by nearly 100 million euros over the past two years.
About the Author:
Article Source:http://www.pureassnow.com/–FC Barcelona: Excess associated with forty eight. eight mil pounds within the 2011/12 time of year, maximum estimate soccer club historical past
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