Boosted by Neymars world record move to Paris Saint-Germain, Barcelona are set to smash the record turnover for a football club with a 897-million-euro ($1.07 billion) income for the 2017/18 season, the club announced on Wednesday.

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"The board have approved a budget for the 2017/18 season that reflects an expected record income of 897 million euros," said Barca spokesman Josep Vives.

The figure is up nearly 200 million euros on the 708-million turnover Barca posted last year.

Neymar joined PSG last month for 222 million euros.