Barcelona estimates record revenue of $1.1 billion

BARCELONA, Spain (AP) - Barcelona has estimated it will generate record revenue of 960 million euros ($1.1 billion) for the 2018-19 season.

The Spanish champion also projected annual revenue to surpass 1 billion euros by 2021.

Barcelona says expenditure will reach 929 million euros this season and expects to generate 11 million euros of profit.

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