Now as many of you know, when our current president Sandro RoSELL took office, there was everything short of burning past president Joan Laporta in effigy in an effort to convince us all that he was e-vil. Not only in his very soul but more importantly (shudder!) fiscally.
But fear not, as RoSELL and his lads were going to come in and straighten it all out.
–We only lost a piddling EUR9.3m, less than half of the expected (and projected) EUR21m
–Operating income rose to EUR473.4m, against a 10.4% increase in costs (those pesky bonuses for winning, don’cha know?)
–Debt shriveled from EUR430.6m to UER363.7
–Losses from sales of Ibrahimovic, Caceres and Txigrinski netted a loss of EUR44.2m, and if not for those, the club would have seen a pre-tax (are you sitting down?) profit of EUR33.5m. *The subtext here of course, is “Had that jackass Laporta not saddled us with albatrosses of players we didn’t want and had to blow out, things would be even better!”)
“Our obligation is to make a profit from next season and we will do that,” Faus said. “For the first time in two years we will present a budget that foresees profit.” (I’ll spare you more subtext with this one, because well …. pretty obvious, ain’t it?)
Now I don’t presume to know numbers, because I’m a journalist. 2+2=4 is one that I have to take on faith if my hands are occupied and my shoes are on. But in a series of controversial moves, the most significant of which was selling the shirt to the Qatar Foundation, it doesn’t take a genius to suspect that the numbers have to bear out such moves and that further, the numbers have to bear out the contention of RoSELL that he was the man to make our club not only successful on the sporting front, but the fiscal front as well.
As a soci, I am pleased to see that our club is well on the way to being as fiscally successful as it is on the pitch. As a skeptic, I wonder about what was done with the numbers to have such a magical financial season. If nothing at all was done to them, you’ll hear it from me first, by the by.
We do know that the FCB Museu had a banner year, boasting a 27% increase in attendance. And of course, we aren’t making color copies any longer, saving untold amounts of Euros with that bold, ambitious move.
People with bigger brains than mine are going to analyze the numbers, and they will either call me a cynical, suspicious old bugger, or vindicate my raised eyebrow. I’m fine with either one, and would even prefer to be the former. But I do want to put the matter out there there for discussion. Prima facie, it’s great news, particularly that part that we are going to be profitable next year. Wonder what the people will say then about a club that is profitable AND successful? Which, of course, assumes that we weren’t already profitable and successful. An excellent analysis by Swiss Ramble laid out some of the hijinks that can ensue when someone gets to re-define the terms of profit and loss.
For now, what say ye, family folk?