Barca post record profit

Barcelona's failure to win La Liga helped them post a record 48.8 million euro ($59.38 million) profit for the 2011-12 season, vice-president for economic affairs Javier Faus said on Friday.
After two consecutive years of financial losses, and three consecutive league titles, Barca were beaten to the top spot in Spain by Real Madrid in May but avoided having to pay out 12 million euros in win bonuses.
"If we had won La Liga the overall surplus would have been 36 million euros and it would still have been the best end-of-year figure in the history of the Club," Faus said.
The Catalans increased their income 21.5 million euros to 494.9 million, while cutting back on expenditure which fell to 441.1 million euros, 31.5 million less than the previous year, exceeding budget forecasts.