Barcelona Income To Exceed €500 Million

[Folami David]

Barcelona's revenue is projected to rise to €509 million this season, the Spanish champions said on Tuesday, making the club only the second to cross the half- billion threshold after arch rivals Real Madrid.
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Income for the 2013-14 campaign will be boosted by extra cash from sponsorship deals, as well as the sale of Spain midfielder Thiago Alcantara to Bayern Munich, Toni Freixa, a spokesman for the Barca board of directors, told a news conference.
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The club were targeting a post-tax profit of 36 million euros, he added.
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"This is not a message of triumph, since it is still difficult to manage the club and we have to continue the policy of austerity," Freixa said.
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Real and Barca are soccer's richest clubs by income, according to the latest ranking by accounting firm Deloitte published in January.
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Real earned more than 500 million euros for a second consecutive season in 2012-13, with revenue rising 1.3 percent to 520.9 million, the club said this month.
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They made a net profit of 36.9 million euros, up from 24.2 million the previous campaign.
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Freixa added that the construction of a new Nou Camp stadium or the renovation of the existing arena was under review.