(Reuters) - Barcelona have announced a loss of 97 million euros (88 million pounds) after tax for the 2019/20 financial year as a result of the COVID-19 pandemic, while a projected estimate of breaking the one billion euro mark in revenues was also scuppered.
The Catalan club also said in a statement https://www.fcbarcelona.com/en/club/news/1856468/the-201920-economic-year-ends-with-losses-of-97-million-euros-caused-by-the-effects-of-covid-19 on Monday that they had made revenue of 855 million euros, 14% down on the 990 million they posted in 2018/19, while their overall net debt has more than doubled to 488 million euros.