La Liga

Real Madrid post record revenue

Gareth Bale transfer isn't included in the latest figures.
Share This Story

   
 

HEAR US OUT!

FOX Soccer's Blog offers unique coverage of the world game. Join us.

Real Madrid says it posted record revenue of more than half a billion euros (dollars) for a second straight season in 2012-13.

The world's richest club says it earned 521 million euros ($684 million) - a 1.2 percent increase from the previous year - for a profit of 37 million euros ($48.5 million) in a season that failed to produce a major trophy.

Madrid says it reduced its debt by 34 million euros ($45 million) for a total still owed of 91 million euros ($119 million).

These figures do not include Madrid's transfer business from this summer, topped by its world-record payment of 100 million euros ($132 million) for Gareth Bale.

Madrid, which leads Spanish rival Barcelona in the rich list, says its revenue figures are ''not reached by any other sporting institution in the world.''

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by