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Barcelona projected for record revenue of £804m for 2017/18

Barcelona's Argentinian forward Lionel Messi celebrates after scoring during the Spanish league Clasico football match Real Madrid CF vs FC Barcelona at th

Barcelona are on course to become the world’s highest earning sports club, with record revenues of £804m (€897m) forecast for the financial year 2017/18.

Those revenues are boosted by the sale of Brazilian superstar Neymar to Paris Saint-Germain for a world-record transfer fee of £198m (€222m).

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"We're presenting figures for this season which are the highest of any club in the world," Barcelona CEO Oscar Grau said at a news conference on Wednesday.

"No other teams - not even in the NBA or the NFL - reach these numbers. The club is on track to reach its target [of generating €1bn a year] by 2021."

Barca announced revenues of £635m (€708m) for the 2016/17 season (which ended on June 30, 2017) and project a 27 per cent increase for the current campaign.

That would mark a fifth consecutive season of record revenue for the Catalan giants.

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For comparison, Manchester United posted revenue of £581.2m (€648.2m) for the year ending 30 June 2017, after becoming the first British club to break the half-billion mark the previous season.

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