Real Madrid and Barcelona have been losing money for years. The pandemic was a severe setback for all clubs, but its end has not been accompanied by an economic recovery. The two main teams of Spanish basketball, references also in Europe, have spent a lot on salaries and signings, in addition to having losses of different kinds. And income has not been equal to expenses for yearsTherefore, both groups, despite having a greater economic base than the others, are also having greater losses.
According to the portal Basking, the sum of the losses of both teams is going to 204 million euros in the last four seasons. The middle 2Playbook It specifies that the loss forecast for the end of this basketball course will be, combined, of 53 million dollars. In this last website the data is specified: the white club expects its red numbers to worsen by 37% after the record of transfers last year. The Catalans, who suffered record losses in 2020-2021 with 34.6 millionThey aspire to cut them by 20.8% due to the improvement in billing.
According to Encestando, Barça is still below the 4 million foreseen in television rights, they are budgeted 8 million from commercial activity and sponsorships and 2.3 million from subscribers, ticket offices and competitions. In total there would be 14 million generated by the basketball section compared to 12 last year. Of course, salaries have also increased with the huge number of stars who have come to the team in recent seasons (Mirotic, Calathes, Higgins …). If the salaries of the previous year were 33 million, in the present they reach almost 35, 36 if we add the entire coaching staff.
In the white club, the accounts are similar: losses were alleviated by lowering the salary bill with an agreement with the first team, a reduction of 10%. What’s more, the exit clauses that Campazzo, Deck and Garuba signed, all three heading to the NBA, have reported to the club about 10 million euros. However, wages have also risen: Poirier landed in the middle of last year, while this summer Heurtel, Williams-Goss and Yabusele arrived.
In the midst of all this, Madrid plans to enter 4 million in season tickets and tickets, 3.5 million thanks to television and 7.3 million in sponsorships. In total, more than 15 million, one million less than in, for example, 2018-19, when it reached 16. Of course, the expenses are 33 million euros. More losses that join those of recent years and that leave the whites in a situation similar to that of the Catalans. That is, at a loss.