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"Qarabağ" Releases Financial Report for 2024 Sport24.az
Today, 17:40
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"Qarabağ" Releases Financial Report for 2024

"Qarabağ" Football Club has released its financial report for 2024. According to Sport24.az, the 12-time Azerbaijani champion's total operating income amounted to 34 million 753.8 thousand manats.

 

Of this, 28 million 154.8 thousand manats were revenues from broadcasting rights, 3 million 560 thousand manats were revenues from the Football Development Fund, 1 million 741.9 thousand manats were revenues from ticket sales, 466.1 thousand manats were revenues from sponsors and advertising, and 831 thousand were other revenues.

 

The total expenses of the Aghdam club amounted to 35 million 612.5 thousand manats. Last year, salary and bonus expenses amounted to 20 million 648.3 thousand manats. Depreciation of intangible assets amounted to 2 million 561.2 thousand manats, depreciation of fixed assets amounted to 421.6 thousand, and amounts paid to agents amounted to 114.8 thousand manats.

 

"Qarabağ" spent 11 million 830.6 thousand manats on other expenses during the year. The club finished 2024 with a loss of 876.9 thousand manats.

Qarabağ FK

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