Barcelona have announced losses of €97 million (£88m/$114m) for the 2019-20 economic year and blamed the coronavirus pandemic for a €203m (£184m/$239m) decrease in revenue.
The Catalan club finished the year with revenue of €855m (£775m/$1bn), which they said could have been a record-breaking €1 billion (£950m/$1.25bn) were it not for the Covid-19 outbreak.
Barca decreased their expenses by €74m (£67m/$87m) but still suffered significant losses, although the extension of the season beyond June 30 meant profit and loss items from the end of the season were transferred to the 2020-21 financial year.