MADRID, July 29 (Xinhua) -- The 2013-2014 season may have been a disappointment for FC Barcelona on the pitch but it was a record-breaking campaign for the club in terms of income.
The club's Economic Vice President Javier Faus presented the annual accounts for the 2013-14 season on Tuesday and said the club had passed the 500 million euros (670 million US dollar) mark for income for the first time in its history.
In total Faus said Barcelona ended last season in which they won just the Spanish Supercup, with income of 530 million euros, with 10 percent of that coming from the sales of Cesc Fabrigas to Chelsea, Tonny Sanabria to Roma and Thiago Alcantara to Bayern Munich.
The club has since sold forward Alexis Sanchez to Arsenal, but that sale came too late to enter into last season' s accounts.
Barcelona's appeal on a worldwide scale was also clear as the income from marketing rose to 169 million euros, which was a major factor in taking the profits to the campaign to 41 million euros.
This is the second highest profit Barca has ever produced, just 8 million less than the 49 million euro profit from the 2011-12 season, and has helped reduce the club's net debt to 287 million euros.
Faus highlighted that the current direction of the club inherited a debt of 431 million euros in 2010 and said the aim was to reduce it to 200 million euros in the next one or two years, while pointing out Barca was considered to be the second most valuable club in the World by Forbes magazine.
"We are the club which has most grown in the world," he said, adding that Barcelona were looking to re-negotiate its contract with Qatar Airways, which is "becoming obsolete", and looking for sponsors in Russia and Brazil.
"We will go with Messi to Russia and we hope to enter the Brazilian market with Neymar and the help of his father," said Faus.