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Barça's new kit for the 2017/18 season | FCB

The Board of Directors has approved the closure of the accounts for the 2016/17 season. The results from the year show a record income in club history of €708 million. This figure is €13 million higher than what was originally budgeted, while net after tax profit is €18 million.

The Board have naturally viewed the final figures in a positive light, not just because the said growth is not only in line with the Club’s Strategic Plan to reach €1,000 million by 2021, but also because of the operating result. The €24.5 million reduction in the club’s debt means it is now at €247 million while the EBITDA ratio is at 1.99, well within the limit of 2.25 set by the statutes. In this financial year, payment of salaries to athletes amounted to 66% of the club's total expenditure.

In this context, this week a list was published by the prestigious American magazine Forbes placing FC Barcelona as the fourth most valuable sports club in the world at €3.64 billion. This is a 2% increase on last year and means the blaugranas are only behind the Dallas Cowboys, the New York Yankees and Manchester United.

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