Barca post 97m euros loss for 2019-20 due to Covid-19
The club said 47 million euros of losses was due to lost matchday revenue, 35 million to reduced club shop sales and 18 million on stadium tours, with further losses expected until fans can return to stadiums in Spain.
Predicted revenue for 2020-21 is 791 million euros.
The players took a wage cut in order to help combat the deficit while football was suspended due to the coronavirus.
The club have also sold players who were on lucrative contracts, such as Luis Suarez, Ivan Rakitic and Arturo Vidal, in the close season in a bid to get salary expenditure within La Liga guidelines, which directly relate to projected income.