International

Real Madrid: The world's richest club

2015-09-04 12:32
Real Madrid (AFP)

Madrid - Real Madrid look certain to retain their status as the world's richest club by income after the La Liga club's revenue for the 2014-15 season jumped 9.4 percent to €660.6 million.

Real topped Deloitte's latest ranking of soccer's biggest earners for a 10th year in 2013-14 with income of €550 million euros, with English Premier League team Manchester United climbing into second place on €518 million, according to a report published in January.

Unlike Real's figures, the accounting firm's exclude player transfer fees, VAT and other sales-related taxes.

According to Real's financial results for last season, pre-tax profit rose 15.9 percent to €55.9 million euros, while net profit was €42 million, up 9.1 percent, they said on their website (www.realmadrid.com) on Thursday. Net debt was €95.8 million.

Real's dominance is partly due to the way broadcast deals have been organised in La Liga, which has also benefited their arch rivals Barcelona.

Unlike other major European leagues, which have long used a system of collective bargaining and shared income, Spanish clubs have negotiated their own contracts.

That is changing thanks to a law introduced this year mandating collective bargaining, although it is not expected to lead to reduced revenue for Spain's big two, at least in the short term.

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
Live Video Streaming
Video Highlights
Sport Talk

Live scoring

 
 
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
Vote

Do you think SAFA made the right choice in appointing Stuart Baxter as head coach of Bafana Bafana?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.