Barcelona have started to turn a profit from their 'La Masia' youth academy. Until now, the Barça academy's sole purpose had been to supply players for the first team, especially over the past few years during which they won every trophy on offer with a starting XI made up mostly of academy graduates.
However, according to a Prime Time Sport report presented at the Soccerex Global Convention, 'La Masia' is now a bona fide business. Over the past eleven years, Barcelona have raised €112.7m through the sale of players who came through their academy. This is an important sum of money and one that has increased over time. Over the past two seasons, the club pulled in €65.9m from the sale of academy players, which equated to 60% of the club's out-going transfers during those two campaigns. The sales of Cesc Fàbregas and Thiago Alcantara were key transfers because they brought in €58m.
Barcelona's earnings during this period came from inexpensive sales which, aside from the two aforementioned cases and Bojan Krkic's move to Roma, did not pass the €10m mark. The report highlights Barça as one of the biggest players during this summer's transfer window. The Catalans spent a total of €157m on new signings, surpassed only by Manchester United.