FC Barcelona’s delegate members gathered for the much-anticipated General Assembly, where they tackled the club’s financial performance and future budget projections. The 2023/24 season concluded with a reported loss of 91 million euros, yet despite the financial challenges, the club’s members voted to approve the closure of this year’s economic cycle.

Financial Breakdown of 2023/24

The hefty 91 million euro deficit raised some eyebrows, but it’s important to note that these losses were largely anticipated. The club has been navigating through a period of financial restructuring, driven by ongoing debt obligations and efforts to rebuild after the significant impacts of the pandemic and previous years of spending.

Budget Approved for 2024/25

Looking ahead, the financial outlook seems more optimistic. The Assembly also voted to approve the budget for the 2024/25 season, with an expected profit of 5 million euros. This marks a positive shift, signaling the club’s intent to return to profitability. The modest figure reflects the club’s cautious approach in managing expenses while maximizing revenue streams through sponsorships, ticket sales, and player movements.

Voting Results

The voting at the General Assembly displayed strong support for both the approval of the 2023/24 financial results and the upcoming season’s budget. Here’s a breakdown of the votes:

• Approval of 2023/24 financial results: 452 votes in favor, 156 against, and 26 blank votes.

• Approval of the 2024/25 budget: 409 votes in favor, 75 against, and 28 blank votes.

Despite some dissent, the majority of delegate members appear to back the current financial strategy set by club management, signaling their faith in a turnaround for the club’s economic situation.

Balancing Challenges and Opportunities

Barça’s financial health has been under scrutiny, especially after years of significant player signings and salary commitments. However, with new leadership at the helm and strategic planning for the future, the approval of this budget gives a glimmer of hope that the club can gradually stabilize its finances.

While the losses from the 2023/24 season serve as a stark reminder of the club’s current reality, the 5 million euro profit projection for 2024/25 suggests a careful, measured approach to returning to financial stability.