Real Madrid revenue increases

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 12:45 Post Comment

Real Madrid: Financial figures released

Real Madrid: Financial figures released

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."

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Y

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.

rodger's gusset
Van Gaal downbeat on De Gea

I

f you want to take six points off Arsenal, then that's a great strike force. Can't imagine either of them showing much for the rest of the season though...

foot in mouth
Adebayor & Berbatov: You Have To Admire The Balls

L

ooks like Real get their man, most likely at their own valuation, yet again. Resistance is futile.

paul7702
Van Gaal downbeat on De Gea

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