Barcelona become first club to surpass $1bn mark in revenues

Barcelona become first club to surpass $1bn mark in revenues

- Barcelona are now the first football club to reach $1bn mark in revenues

- Neymar's world record transfer deal to PSG helped the Catalan giants

- They will face Tottenham on Wednesday night in their Champions League tie

Reigning Spanish champions Barcelona are now the first football club in the world to reach $1 billion revenue figures mark and the Catalans even achieved this four years earlier than anticipated.

Barcelona announced in a statement on their social media page that they were able to achieve this success because they are the highest sports earning club in the world.

This is the the fifth consecutive year that the club have broken their own record income but the first time that they have reached the billion dollar mark.

The transfer of Brazilian star Neymar to Paris-Saint-Germain also helped Barcelona to record such high revenue, UK Sun reports.

Neymar's big buyout clause was accounted for in the end of year report.

Meanwhile, Barcelona are also topping the Spanish La Liga standings this season, and they will face Premier League side Tottenham in their next Champions League match.

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Earlier, had reported how Brazilian football legend Ronaldinho revealed that he will be glad to see his countryman Neymar return to Spanish La Liga champions Barcelona.

Neymar left Barcelona last summer for a world record move to PSG in which he won the French Ligue title last term. This season, he has already scored five goals for his club.

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