Barcelona approve €897million budget following record revenue in 2016-17

Barcelona have approved their largest ever budget of €897million for 2017-18, following a record revenue in 2016-17.

The LaLiga giants earnings of €708m for 2016-17 were presented at the club s General Assembly on Saturday, with club members then approving next year s record budget with 391 votes for and 49 against.

The huge revenues did not include the €222m received from Paris Saint-Germain for Neymar, which should prompt another record-breaking set of figures in a year s time. 

It is the first time Barca have surpassed the €700m barrier in terms of revenue for a fiscal year, and the club have now accumulated a profit of €175m since 2010.

Barca plan to have earned €1billion in revenues by 2021, though that strategy could be threatened by th…