FC Barcelona rides Asian sponsors to score 1bn euros in revenue

Spanish soccer club to achieve goal a year earlier than expected, president says

201907825 Barcelona MAIN

Club President Josep Bartomeu said swelling salaries of Barcelona's stars eat up about 70% of revenue, but that player pay is hard to cut. © Reuters

HIDETAKE MIYAMOTO, Nikkei deputy editor

TOKYO -- FC Barcelona's revenue will exceed 1 billion euros ($1.1 billion) for the first time in the 2019-20 season, driven by growing Asian sponsorships and its digital business, the soccer club's president said in a recent interview with Nikkei.

Josep Maria Bartomeu, traveling with the team on its summer tour, said the Spanish soccer giant will achieve its revenue target -- originally set for the 2020-21 season -- one year earlier than expected.

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