Real announce record profits

2013-09-06 17:11
Real Madrid

Madrid - Spanish giants Real Madrid announced Friday on their website record income and profits for the 2012-2013 season.

The club's income increased by 1.3 percent to 520.9 million euros (686.1 million dollars) from the previous season, "a higher figure than any other sporting organization in the world," according to the website.

In addition, Real posted a record profit of 36.9 million euros, which is an increase of 47.8 per cent compared to the previous season.

The club's total assets increased by 13.4 per cent to 311.9 million euros, and the club's debts fell 27.4 per cent to 90.6 million euros, according to the website,.

In particular, Florentino Perez has substantially increased Real's income from marketing and merchandising since returning to the club presidency in 2009.

Perez was re-elected unopposed in June, despite the whites' lack of success on the field in recent seasons

Read more on:    real madrid  |  la liga  |  soccer

What To Read Next


Read News24’s Comments Policy 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
Comments have been closed for this article.
Live Video Streaming
Video Highlights
Sport Talk

Live scoring

Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

English Premiership flutter

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


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

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.