Barca announces $800mn revenue

Barcelona announced on Monday record income of US$812.8mn for 2016-2017 with an after-tax profit of US$20.8mn. The Spanish giants said the healthy revenue was up US$15mn on the forecast figure in its budget for the period. A statement following the approval of the accounts at a board meeting disclosed the club has reduced its debt by US$28.3mn to US$285.3mn. The salaries of Lionel Messi, Luis Suarez, Neymar and Co account for 66 per cent of Barcelona's expenditure, the statement added.