Barcelona Figure stands at 695 million euros

Barcelona spend big money on first-team squad

Camp Nou reconstruction behind schedule

The Assembly of members at Barcelona have approved their budget for the 2016/17 season, estimated at 695 million euros.

There were 46 abstentions, 45 against and 771 votes in favour of the approval.

Chief executive Oscar Grau has claimed that the figure is "the highest budget in the footballing world."

However, Carlos Tusquets, president of the statutory economic commission, warned that the club will have to significantly increase their revenues in order to continue extending the contracts of first team stars, which thus endangers the budget.