Barcelona announce record revenues for 2015-16

Omnisports 09:20 - 25 July 2016

___5306733___https:______static.pulse.com.gh___webservice___escenic___binary___5306733___2016___7___26___10___campnoucropped_jym8frimur6p1qm9f1zu5l5ez

LaLiga champions Barcelona turned in record revenues of €679million and a €29m profit after tax for the 2015-16 season.

Barcelona returned record revenues of €679million during 2015-16, according to the club's financial results for the season.

The LaLiga champions released the figures on Monday, with the overall revenue mark "representing a substantial increase of the figure originally budgeted for this area".

Barca returned a net profit of €29m after tax and believe they are on course to hit the marks of a strategic plan that targets revenue of €1billion in 2021.

The strategic plan includes the "Espai Barca" renovation project for Camp Nou and its surrounding area.

Barcelona also announced the board have approved a one-year extension of their deal with main sponsor Qatar Airways.