Real announce increased revenue

Real Madrid have announced healthy financial figures for 2012/13, including a 1.3 per cent increase in turnover.

Last Updated: 06/09/13 at 12:38 Post Comment

Real Madrid: Financial figures released

Real Madrid: Financial figures released

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Real Madrid have announced healthy financial figures for 2012/13, including a 1.3 per cent increase in turnover which makes the club "the only sports entity in the world in far surpassing the 500million euros revenue barrier for the second consecutive year".

The Primera Division outfit's revenue totalled 520.9million euros (£438.5m) with a net profit of 36.9million euros (£31.1m), while the club's net debt was down 27.4 per cent - all despite the team's failure to land a major trophy last term.

A statement from the club, who on Monday shelled out a reported world-record fee of 100million euros (£85.3m) to acquire the services of Gareth Bale from Tottenham, read: "Real Madrid closed the 2012/13 fiscal year with a turnover of 520.9million euros, i.e. 1.3 per cent more than in the previous period, thus becoming the only sports entity in the world in far surpassing the 500 million euros revenue barrier for the second consecutive year.

"Earnings before taxes total 47.7million euros (£40.2m), i.e. 47.8 per cent more than in the previous period, while net profit is 36.9million euros, ie. 52.4 per cent above the previous fiscal year.

"Equity grew by 13.4 per cent, up to 311.9million euros (£262.5m).

"Net debt dropped 27.4 per cent totalling 90.6million euros (£76.3m), ie. 34.1million euros (£28.7m) less than in the previous period."


Sky Bet Free Bet Club: £10 free bet - £5 free every week


More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

I

t's a bloody good goal, though. Sh!t, the kid's gonna be the worlds best before we know it, isn't he? He's got the touch of genius in him. Like Neymar, but with muscles and stuff. He's doing a Ronaldo as we watch. He's bulked up to be able to ride the tackles, but he's improved technically as well. His touch is sublime. Bugger.

HarryBoulton
WATCH: Hazard's stunning goal

A

hhh, Jose arguing with another managers wife, clearest sign yet that we are going mental during the close season. I am rocking back and forth on my haunches.

hump3.
Jose hits back at Rafa's wife

I

t's only a matter of time before one of them throws in a yo mamma

lee
Jose hits back at Rafa's wife

Footer 365

Chelsea fail with £25m bid for Everton's John Stones

Everton have rejected an improved bid of £25m from Chelsea for centre-half John Stones, according to Sky sources.

Jose: 'Cabaye move makes PL harder'

Jose Mourinho claims the transfer of players like Yohan Cabaye to mid-table clubs makes the PL "very, very hard" to win.

Real reopen talks over £28m De Gea deal

Real Madrid have reportedly reopened negotiations with Manchester United over David de Gea and may complete a deal in the coming days.

Mail Box

Mails: This Is My Perfect Moment

Lots of Mailboxers channel their inner Martine McCutcheon to bring you their perfect footballing moments. Plus thoughts on Blatter, names, and Chelsea worries...

Mails: Let's Talk About Jose's Failures...

We don't talk about them because Chelsea won the title...but imagine if LVG or Brendan Rodgers had signed Juan Cuadrado. Plus, a trawl through the squads...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company