#barcelona accounting for capital gain #football #footballfinance #footballfinanceprofessionals
Published June 20, 2023, 11:20 a.m. by Courtney
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but what's the artist's point of view
and how does this look in the financial
statements first of all we can see from
Barcelona's Financial results that we
have a capital gain for the alienation
of non-sport intangible assets of 266
million euros now this is a non-sports
intangible asset we're not talking about
player registrations we're talking about
the rights to receive broadcasting
monies from La Liga we can see this
presented in multiple parts of the
financial statements ending 30th of June
2022. this section here is where we can
see that on the 30th of June 2022 10 of
the club's audio visual rights over La
liga's professional competition was sold
to Loxley invest SL in which the club
holds a 49 stake transaction generated a
profit of 267 million euros in the
club's Consolidated profit and loss
account during the month of July 2020
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