Barca’s money maze: record revenues, looming debt and the Espai Barca gamble
Barcelona posted over €1bn in revenue for 2025-26 but still logged a €17.8m post-tax loss as debt climbs to about €1.84bn—primarily from the Espai Barça stadium project—and faces large upcoming maturities, forcing ongoing refinancing while the club balances cash flow, wage costs and transfer activity amid continued on-pitch success.