The Spanish Giant Confirmed their Accounts, Beat Barcelona and Real Madrid to Become the Biggest-Earning Soccer Club :- Real Madrid have revealed its latest financial statement and what world is got to know after this announcement that is really surprising. Real Madrid have become the highest-earning football club of the world after Manchester United and Barcelona. The Spanish Club made record revenue in the year of 2015-16 with the earning of €620m which rose 7.4%. This eye-watering amount put the put Real Madrid ahead of the 2nd richest Manchester United and Barcelona.
Real Madrid Beat Barcelona in Revenue & Became the Biggest-Earning Club
Barcelona’s revenue in the same year was €679m Euros and €70m of player sales were included, while Manchester United confirmed their earnings of €570m in September.
Los Blancos paid debt of €96m and their overall profit has decreased more than 20% €60m to 43.3m.
A statement came from the club, “Operating revenues for the financial year 2015-16, without taking into account capital gains obtained as a result of player transfers, have topped €600m for the first time. The operating result before repayments and player transfers has risen to €163.2m, which is the highest ever reached by the club. This empowerment in profitability is due to an increase in revenues having subtracted operating expenses and provisions corresponding to risks and contingencies.”
Profit around €43.3m before paying tax was recorded, which is 22.5 percent lesser comparing to the previous financial year. It happened because player’s transfers were not managed very well. Club got a net profit of €30.3m (after tax), as result net worth of the club has went high up to €444.2m.
The cash balance has also increased by €102.6m and reached a figure of €211.5m. The higher cash flow came due to well managed operations and investments.
As a result the liquid assets of the club have increased and the creditor balances are also fallen down by well managed investments. The net debt has fallen down by €109m and it came at a figure of -€13m which not a debt in reality. Now it is a net liquidity.
Real Madrid at a glance: –
- Team Value-$3,645m (€3,225m)
- Owner/Shareholder- Members of Club
- Country- Spain
- League- Liga BBVA
- Domestic League Championships- 32
- Revenue- $694m (€577m)
- Income through Operations- $162m (€135m)
- Debt- 3%
- Broadcasting- $1,136m
- Commercial- $1,250m
- Match Day-$738m
- Change in Value- 12% in last year
Facts about Real Madrid’s Income: –
- Highest-earning football club of the world.
- Beat Manchester United and Barcelona in view of income
- Earning have risen up to €620m at a rate of 7.4%
- Pre-tax profit is €4.3m
- Debt paid of €96m
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