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

2 years free Sky Broadband Unlimited for Sky Sports customers

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

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

R

icky van Wolfswinkel's remarkable record of one goal from one game at least deserves an honourable mention. And I'm willing to bet that at least one of Costa, Ulloa or Enner Valencia will earn a place on the list by the end of the season. Probably not Costa

stevenjameshyde
Top Ten PL Strikers Who Started Like A Train...

I

will also give up birthday Christmas and bacon for this to happen

badwolf
Ronaldo return ‘in place’

P

lease let this happen. I'll have it as a birthday AND Christmas present if that will help.

de gea bar
Ronaldo return ‘in place’

Footer 365

Premier League: Jose Mourinho confirms Eden Hazard's Chelsea contract talks ongoing

Jose Mourinho is confident Eden Hazard will commit his future to Chelsea, with talks ongoing over a contract extension.

Daley Blind backs Louis van Gaal's brutally honest approach at Manchester United

Daley Blind says Manchester United boss Louis van Gaal's brutally honest manner is good for team-building.

Premier League: Manchester United winger Angel di Maria delighted with Old Trafford bow

Manchester United winger Angel di Maria was delighted with his Old Trafford debut after the 4-0 win over QPR.

Mail Box

Forget it, Ronaldo Won't Come Back

A varied morning mailbox, with thoughts on Ronaldo, Daley Blind = Michael Carrick, Ed Woodward redemption, stick with Pardew, QPR's name change and marbles...

Woke Up This Morning Feeling Fine...

Man United fans are a more than a tad excited, Liverpool fans are a little depressed and we have mails on Mesut Ozil, Newcastle, Aston Villa and lots more...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property