Real Madrid and Barcelona to reportedly have an accumulated deficit of 60M

2019-10-13T13:17:45+00:00 2019-10-13T13:32:03+00:00.

Antonis Stroggylakis

13/Oct/19 13:17

Eurohoops.net

Real Madrid and Barcelona have two of the biggest budgets in Europe and are also expected to report major losses.

By Eurohoops team/ info@eurohoops.net

Real Madrid and Barcelona will report an accumulated deficit of nearly 60 million euros by the end of 2019-2020 season, according to Palco 23. On the other hand, the total revenues of both clubs combined are expected to be around 25 million euros, 9% less than 2018-2019.

Barcelona will have an unprecedented budget of 32.9 million euros (this figure includes players/coaches’ salaries and not operational costs), and its projected deficit is around 32.3 million euros. Palco also reports that Real will spend 30.3 million euros for salaries of coaches and players and will have a deficit of 27.9 million euros. This number shows a 3% decrease in comparison with the one of the previous season. In both cases, the revenues from the football sections of both clubs are more than enough to cover the basketball expenses.

Real Madrid kept most of its core players from 2018-2019. The “Blancos” signed center Jordan Mickey and guard Nicolas Laprotittola while parting ways with forward/center Gustavo Ayon. They also recently acquired center Salah Mejri, who previously played with the team from 2012 to 2014.

Barcelona went to a completely different direction by renovating a large part of its roster. They completed the biggest summer transfer outside of the NBA by getting forward Nikola Mirotic, brought guard Malcolm Delaney and wing Alex Abrines back to Europe while also signing All-Euroleague center Brandon Davies and standout guard Cory Higgins.

It has to be noted that the numbers about Barcelona’s budget presented by “El Mundo Deportivo” are quite different. However, the calculations about the deficit are the same.