However, after revenue increased to €994m, ($1.16 billion) up €100m ($116m) on the previous year, Barça said the results continue the "consolidation of the club's economic recovery" following years of financial struggles. The main factors for the rise in turnover are attributed to a new agreement with Nike, a boost in merchandising sales, improved results on the pitch and higher attendances at the Olympic Stadium.
Barcelona's squad spending limit has dropped to €351 million ($411.8m) -- down €112m from last winter -- while Real Madrid's has increased to €761m, LaLiga said on Friday. The league's squad cost limits, which are made public after each transfer window, denote the maximum amount that each club is permitted to spend on first-team players, as well as coaching staff, reserve and youth teams.