Barcelona set to lose whopping $111 million due to coronavirus lockdown: Report

Defending LaLiga champions Barcelona might suffer huge losses amounting to €100 million ($111 million) this season due to ongoing coronavirus lockdown. All LaLiga games have been suspended until April fearing pandemic, while Spain has implemented a complete lockdown. re is still wider uncertainty if league will resume in April.

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LaLiga coronavirus: Barcelona revenue losses estimated at €100 million

According to Spanish sports publication AS, Barcelona are likely to accrue losses equaling to €100 million ($111 million). This amounts to 10% of club’s total budget for 2019-2020 season. To avoid bankruptcy, it was earlier reported that Barcelona board were looking to various options to curb financial losses.

LaLiga coronavirus: to Barcelona players pay cut

One of suggestions that were being touted by Barcelona hierarchy included a cut in player ws. It was reported that club requested first-team players led by Lionel Messi to take a pay-cut voluntarily to help club during its difficult phase. However, players reportedly declined request, much to embarrassment of board.

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Barcelona revenue: Barcelona players pay cut to curb losses?

Barcelona earned €93 million ($103 million) from ticket sales last season. This amount, when averd, meant that club earned €3.3 million ($3.65 million) per game at Camp u. If LaLiga and Champions League are called off, n Barcelona might accrue losses equivalent to €26.4 million ($29.2 million). This amount has been derived after assuming that Catalans could have reached semi-finals of Champions League.

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Barcelona revenue: Barcelona players pay cut to deal with LaLiga suspension

Barcelona are likely to lose out on revenue from broadcasters. It is reported that club has received 85% of broadcaster’s revenue. However, y are likely to lose out €25 million ($27.7 million) if season stands cancelled at this juncture.

Barcelona revenue: Barcelona players pay cut amid closure of museum

club is also likely to suffer financial losses due to closure of several or sources of revenue. Amongst se, club’s museums, merchandise sales and football schools across world were major sources of income. However, due to coronavirus lockdown, Barcelona will accrue huge financial loss.

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