text1

text2

Monday, October 7, 2013

2012/13 fiscal year receives majority approval





The Ordinary General Assembly voted in favour of the figures from last season's fiscal year, which returned a net revenue of 32.5 million euros






Members of Representatives approved the figures for 2012 /13. Vice -President of the European Economic Area Club , Javier Faus explained the finances of the last season - which have been audited by Deloitte - in the second item of the agenda of the Ordinary General Assembly. Vice -President said : "The difference between this year and last year is that we had to pay taxes, reduce our net income. "

Faus , speaking on behalf of the Board of Directors , said: "We are pleased to moderate" , with economic results of the previous season 's income for the year was € 490.5 million This, according to . . Vice President , is the reduction in the number of club members, which rose from 169,000 to 161,000 due to adjustments in the accession process.

In addition, Faus also noted total turnover Seta is a good figure , seeing that there were strong sales of the first team .

debt reduction

Vice President also emphasized the reduction in net debt at the club, which now stands at € 331 million . Faus noted that only 100 million of the debt is owed to banks.

Javier Faus then a detail other aspects of the club economy. In terms of marketing department , vice - president, said that "there is no place to generate additional income," and he adds: "The club has invested resources to expand internationally ," since " the Barça is a global brand and has many companies interested in the club. "

No comments:

Post a Comment