Barcelona announce €97m loss during 2019-20 season, blame COVID-19 for €204m revenue lost

Barcelona have confirmed that coronavirus pandemic has cost m around €204 million revenue lost so far and has forced m to make a number of justments to ir budget. club has seen a huge reduction in revenue streams as well as loss of match-day revenue due to absence of fans. LaLiga heavyweights' total revenue for 19-20 season is €855 million, down by €204 million from €1,059 million y claim that would have come in without coronavirus pandemic. 

steep estimation of loss comes even after Barca players were forced to take a 70% w cut during lockdown period. A number of measures have been drawn up to help cut spending although  club has t revealed what those measures exactly are. club has also lightened w bill by offloing big earners which include likes of Luis Suarez,  Arturo Vidal and  Ivan Rakitic with Lionel Messi close to leaving as well, having initially handed in a shocking transfer request. 

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Barcelona board is expecting furr losses with Barcelona saying due to continuing effects of coronavirus pandemic, y expect revenue to fall furr in 2020-21, with €791 million estimated to come in. As per available figures, Barcelona's debt has risen from €217 million in June 2019 to €488 million in June 2020. 

Earlier in April, Barcelona President Josep Maria Bartomeu h mitted that club would fail to reach that target due to global health crisis, saying at time that Spanish side would need to “change models and way we do things”. club also confirmed that elections for a new president will be held on March 20 and 21, 2021, which will choose a replacement for Bartomeu.

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club suffered financially from consequences of games being played behind closed doors and hence re was a considerable loss of income. lack of tourists and visitors to city of Barcelona due to reductions and limitations applied to international tourism also meant far fewer visitors to Barcelona's premises, meaning major losses in terms of such areas as visitors to Camp u Experience and sale of products in official stores. 

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Memphis Depay could be a Barcelona player by time  transfer window shuts today

As per latest reports, it’s still possible Depay could go to Barcelona, this according to Lyon sporting director Juninho. Memphis Depay may only arrive if Ousmane Dembele departs first.

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Im credits: Barcelona Twitter