Eager to embark on a fresh start with a budget of 30 million euros for the upcoming season, FC Barcelona aims to recover from significant losses incurred during the 2022-23 season and subsequent offseason.
The renowned Catalan club faced financial setbacks amounting to 56.6 million euros in the previous season, as reported by Barcelona-based outlet 2Playbook.
Despite anticipating economic challenges of around 28 million euros throughout the 2022-23 season, the actual losses exceeded initial projections by a staggering 88%.
The decision to terminate the contracts of Sarunas Jasikevicius, Nikola Mirotic, and Cory Higgins further exacerbated the challenging financial situation.
Although the overall cost of these decisions totaled 25.27 million euros, it is noteworthy that this amount will not be factored into the budget for the upcoming season, as highlighted in the report.
Barcelona reportedly suffers financial damage of €56.6Mhttps://t.co/f4ujB8Ndm2— Eurohoops (@Eurohoopsnet) October 10, 2023