Barcelona have confirmed that the budget for the 2022-23 season is €1.255 billion.

The Barcelona board have already approved the staggering budget of €1.255 billion to be used this season.

Barcelona president Joan Laporta has insisted the club is in safe hands after activating four economic levers this summer.

Barca are also forecasting a profit of €274m next year.

Meanwhile, the club is still in debt to the tune of €1bn. But Laporta insists the club books are in better shape, as the club’s finances seem to be looking better now after new sponsors like Spotify came into the picture.